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Calysta Announces $30 Million Investment From BP Ventures to Improve Global Food Security

Menlo Park, CA (Thursday, June 27, 2019) — Leading alternative protein producer Calysta today announced a $30 million investment from BP Ventures to support a worldwide rollout of Calysta’s FeedKind® protein, which can help improve global food security, one of the greatest challenges facing the world today.

The investment will help Calysta expand production of its sustainable single-cell protein, which is produced through a proprietary, commercially-validated gas fermentation process using naturally occurring, non-GM microbes with the unique ability to use methane as their energy source. Through extensive customer trials around the world, FeedKind protein has been demonstrated to be an effective, safe and nutritious feed ingredient.

“Welcoming BP as a partner is a tremendous step forward for FeedKind protein and the best indicator yet that Calysta’s solution to food insecurity in a resource-constrained world can and will achieve global scale,” said Alan Shaw, Ph.D., Calysta President and CEO.

“The problems facing our food production supply chains have never been more clear, with increasing evidence that land and water scarcity are key challenges to meeting future demand for protein. FeedKind makes more from less, producing feed for livestock, fish and pets while making smarter use of our resources.

“We look forward to working closely with BP as we prepare to deliver this product to the world. Calysta will benefit from BP’s operational excellence and focus on safety when deploying multiple production plants.”

The investment agreement will also see BP and Calysta establish a strategic partnership around gas and power supply.

Meghan Sharp, Managing Director, BP Ventures added: “We are really excited to be working with the team at Calysta, bringing them into the BP Ventures family as we seek new commercial opportunities for our gas business. Their technology complements our core business while providing opportunities for sustainable products for tomorrow.”

Calysta’s patented, state-of-the-art fermentation process uses no arable land and very little water, and does not compete with the human food chain, meaning more food can be produced with less resources. In aquaculture, Calysta’s initial market opportunity, FeedKind is seen as a key enabler for growth by reducing reliance on conventional sources of proteins.

As the global population grows from 7 billion in 2010 to a projected 9.8 billion in 2050, and incomes grow across the developing world, overall food demand is on course to increase by more than 50 percent, and demand for animal-based foods by nearly 70 percent. FeedKind protein can help achieve a sustainable food future by meeting the growing demands for food while avoiding deforestation and allowing the restoration of abandoned and unproductive land.

FeedKind is already being produced from the company’s Market Introduction Facility (MIF) in Teesside, England to support market development activities with leading animal nutrition companies around the world.

ENDS

Video for media available at: https://www.youtube.com/embed/d5scv9utRWA

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Notes to Editors

Calysta, Menlo Park, CA, is an innovator in sustainable products to improve worldwide food security. Calysta develops and commercializes FeedKind® protein, an alternative feed ingredient for fish, livestock and pet nutritional products.

About BP Ventures

  • BP Ventures was set up more than 10 years ago to identify and invest in private, high growth, game-changing technology companies, accelerating innovation across the entire energy spectrum. Since then, BP has invested over $500 million in technology companies across more than 50 entities with more than 300 co-investors.
  • Venturing plays a key role in BP’s strategy to tackle the dual challenge of meeting the world’s need for more energy, while at the same time reducing carbon emissions.
  • BP Ventures focuses on connecting and growing new energy business, focused on our core upstream, downstream and alternative energy businesses. In addition, it makes strategic equity investments in advanced mobility, low carbon and digital.
  • David Hayes, Senior Principal, BP Ventures will be taking up a director seat on the board of Calysta.

Contacts:

Calysta: Steven Flanagan, sflanagan@webershandwick.com, +44(0)141.343.3250; Lyn Christenson, lyn@linkagesgroup.com, 650.492.6880, ex. 100.

Seaweb Delegates Tour Thai Union Feedmill To See World’s Most Sustainable Aquafeed In Production

Calysta joins Thai Union for field trip to Samut Sakhon feedmill

Menlo Park, CA (Sunday, June 16, 2019) – Delegates attending last week’s SeaWeb Seafood Summit in Bangkok, Thailand, were given a sneak peek into how one of the world’s most sustainable aquafeed is produced and used.

Thai Union Group PCL hosted a field trip to its Thai Union Feedmill in Samut Sakhon to show how the FeedKind® protein produced by Calysta is incorporated into feed – utilizing 10% FeedKind protein. The only marine ingredients remaining in the feed were Thai Union derived tuna byproducts and fish oil.

The tour followed a partnership event at Seafood Expo Global in Brussels in May, where Thai Union offered the world its first taste of commercially reared shrimp fed FeedKind protein.

Allan LeBlanc, Vice President and FeedKind Product Manager at Calysta, said: “The SeaWeb Seafood Summit brings together global leaders in seafood sustainability. It is exciting to see so many delegates interested in FeedKind and the role it can play in helping food producers meet the world’s growing demand for food without placing extra stress on our planet’s resources.

“Results from trials conducted by Thai Union at this site have shown that, like other species fed FeedKind, shrimp enjoy a growth rate at least equal to conventional feeds. Trials have also pointed towards an improvement in feed conversion ratios over other feed products.”

Darian McBain, Ph.D., Global Director of Corporate Affairs and Sustainability at Thai Union, said: “FeedKind meets a major part of our SeaChange® sustainability strategy in that it can bring a greater level of transparency and sustainability to aquaculture feed through the use of innovative alternative protein sources.”

Calysta’s FeedKind is made via a patented natural-gas fermentation platform. Made using very little land and water by fermenting natural gas, an abundant source of energy, it is a safe, nutritious and traceable protein which has been commercially validated through extensive trials.

For more information on Calysta, see www.calysta.com or www.FeedKind.com. More information on Thai Union’s sustainability strategy SeaChange® can be found at www.seachangesustainability.org

 

ENDS

June 16, 2019

Notes to Editors

Contacts:

Calysta: Steven Flanagan, sflanagan@webershandwick.com, +44(0)141.343.3250; Lyn Christenson, lyn@linkagesgroup.com, 650.492.6880, ex. 100.

Thai Union: Leigh Murray, Leigh.Murray@thaiunion.com, +61.473.658.807

About Calysta
Calysta, Menlo Park, CA, is an innovator in sustainable products to improve worldwide food security. Calysta develops and commercializes FeedKind® protein, an alternative feed ingredient for fish, livestock and pet nutritional products.

About Thai Union Group
Thai Union Group PCL is the world’s seafood leader bringing high quality, healthy, tasty and innovative seafood products to customers across the world for more than 40 years.

Today, Thai Union is regarded as the world’s largest producer of shelf-stable tuna products with annual sales exceeding THB 133.3 billion (US$ 4.1 billion) and a global workforce of over 47,000 people who are dedicated to pioneering sustainable, innovative seafood products.

The company’s global brand portfolio includes market-leading international brands such as Chicken of the Sea, John West, Petit Navire, Parmentier, Mareblu, King Oscar, and Rügen Fisch and Thai-leading brands SEALECT, Fisho, Qfresh, Monori, Bellotta and Marvo.

As a company committed to innovation and globally responsible behaviour, Thai Union is proud to be a member of the United Nations Global Compact, and a founding member of the International Seafood Sustainability Foundation (ISSF). In 2015, Thai Union introduced its SeaChange® sustainability strategy. Find out more at seachangesustainability.org.

Thai Union’s on-going work on sustainability issues was recognized in 2018 by being ranked number one in the world in the Food Products Industry in the Dow Jones Sustainability Index, achieving a 100th percentile ranking for total sustainability score. Thai Union has now been named to the DJSI for five consecutive years. Thai Union was also named to the FTSE4Good Emerging Index for the third straight year in 2018.

Calysta and Thai Union Offer World First Taste of Commercial Shrimp Fed FeedKind Protein

Traceable protein welcomed as new tool to help validate integrity of supply chain

Menlo Park, CA (Wednesday, May 8, 2019) – Leading alternative protein producer Calysta has joined forces with seafood giant Thai Union Group PCL to offer the world its first taste of commercially farmed shrimp fed with protein produced from natural gas.

Delegates at Seafood Expo Global in Brussels will today be offered pan-fried shrimp fed Calysta’s innovative and sustainable FeedKind® protein, which contains a unique carbon signature that can help the food industry provide traceability and integrity to its supply chain.

As a sustainable alternative protein, FeedKind also enables shrimp farmers to increase their output to meet growing global demand without putting extra pressure on the planet’s resources, replacing fishmeal from wild fish specifically caught for protein in shrimp feed.

Alan Shaw, PhD, President and CEO of Calysta, said: “Thai Union is one of the world’s largest seafood producers and, like us, they are committed to improving sustainability and traceability in the shrimp farming industry – making this partnership a significant moment for the seafood sector.

“Calysta’s aim is to help create a future where the world’s growing population has guaranteed food security. By introducing a sustainable alternative protein that allows us to determine whether a shrimp was fed FeedKind protein with a simple test, FeedKind offers the industry a new level of transparency.”

The shrimp served at the Brussels expo were farmed on a feed using FeedKind protein and marine ingredients derived from Thai Union tuna byproducts.

Darian McBain, Ph.D., Global Director of Corporate Affairs and Sustainability at Thai Union, said: “Aquaculture is key to providing a sustainable form of protein for the growing global population. Ensuring that the feed inputs to aquaculture are sustainable, as well as the production methods, is vital.

“In line with our SeaChange® sustainability strategy, Thai Union is always looking for  innovative ways to bring greater traceability and more sustainable products to market. By working with FeedKind, we are able to offer shrimp that have been grown using feed that has completely replaced the fish caught for fishmeal in the feed with an innovative alternative protein. The fact that the protein has a unique carbon signature that helps provide traceability and reduce seafood fraud are other significant benefits.”

Fishing activities associated with the production of fishmeal for feed have been associated with unsustainable practices. For example, fish caught are sometimes Illegal, Unregulated and Unreported (IUU), the fisheries may be unsustainably managed, or working conditions on vessels can lead to human rights abuses. By eliminating this proportion of the shrimp feed, in additon to making use of fully traceable tuna byproducts, a leap forward in sustainable shrimp production has been made.

Calysta’s FeedKind is made via a patented natural-gas fermentation platform. Made using very little land and water by fermenting natural gas, an abundant source of energy, it is a safe, nutritious, traceable and price competitive protein which has been commercially validated through extensive trials.

For more information on Calysta, see www.calysta.com or www.FeedKind.com. More information on Thai Union’s sustainability strategy SeaChange® can be found at www.seachangesustainability.org

 

Contacts:
CalystaSteven Flanagan, sflanagan@webershandwick.com, +44(0)141.343.3250; Lyn Christenson, lyn@linkagesgroup.com, 650.492.6880, ex. 100.
Thai Union: Leigh Murray, Leigh.Murray@thaiunion.com, +61.473.658.807

About Calysta
Calysta, Menlo Park, CA, is an innovator in sustainable products to improve worldwide food security. Calysta develops and commercializes FeedKind® protein, an alternative feed ingredient for fish, livestock and pet nutritional products.

About Thai Union Group
Thai Union Group PCL is the world’s seafood leader bringing high quality, healthy, tasty and innovative seafood products to customers across the world for more than 40 years.

Today, Thai Union is regarded as the world’s largest producer of shelf-stable tuna products with annual sales exceeding THB 133.3 billion (US$ 4.1 billion) and a global workforce of over 47,000 people who are dedicated to pioneering sustainable, innovative seafood products.

The company’s global brand portfolio includes market-leading international brands such as Chicken of the Sea, John West, Petit Navire, Parmentier, Mareblu, King Oscar, and Rügen Fisch and Thai-leading brands SEALECT, Fisho, Qfresh, Monori, Bellotta and Marvo.

As a company committed to innovation and globally responsible behaviour, Thai Union is proud to be a member of the United Nations Global Compact, and a founding member of the International Seafood Sustainability Foundation (ISSF). In 2015, Thai Union introduced its SeaChange® sustainability strategy. Find out more at seachangesustainability.org.

Thai Union’s on-going work on sustainability issues was recognized in 2018 by being ranked number one in the world in the Food Products Industry in the Dow Jones Sustainability Index, achieving a 100th percentile ranking for total sustainability score. Thai Union has now been named to the DJSI for five consecutive years. Thai Union was also named to the FTSE4Good Emerging Index for the third straight year in 2018.

 

Calysta Named to Global Cleantech 100

Out of over 13,000 innovators from over 90 countries, Calysta secures a place in the 2019 Global Cleantech 100

Menlo Park, CA — January 28, 2019, 5:00pm PST — Calysta, an innovator in sustainable products to improve worldwide food security, was named by Cleantech Group in the prestigious 2019 Global Cleantech 100.

The Global Cleantech 100 is an annual guide to the leading companies and themes in sustainable innovation. It features the private, independent, for-profit companies best positioned to solve tomorrow’s clean technology challenges. This year marks the 10th edition of the list.

“Calysta is honored to be named to the 2019 Global Cleantech 100, recognizing our development of FeedKind® protein as an innovative, sustainable feed for fish, pets and livestock,” said Alan Shaw, Ph.D., Calysta President and CEO. “FeedKind is the first scalable alternative protein requiring no wild caught fish or agricultural land, contributing to global food security.”

The list combines Cleantech Group’s research data with qualitative judgements from nominations and insight from a global 87-member expert panel comprised of leading investors and experts from corporations and industrials active in technology and innovation scouting. From pioneers and veterans to new entrants, the expert panel broadly represents the global cleantech community and results in a list with a powerful base of respect and support from many important players within the cleantech innovation ecosystem. The list is sponsored by Chubb.

Our tenth edition is dominated by innovations for the future of food and mobility, and a decentralized and digitized future not only for energy, but for the industrial world more generally,said Richard Youngman, CEO, Cleantech Group. “This is a far cry from the dominance of hardware, solar and biofuels in the inaugural Global Cleantech 100 in 2009.”

The complete list of 100 companies was revealed on 28 January at the 17th annual Cleantech Forum San Francisco.

About Cleantech Group

Cleantech® Group provides research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. At every stage from initial strategy to final deals, we bring corporate change makers, investors, governments and stakeholders from across the ecosystem the access and customized support they need to thrive in a more digitized, de-carbonized and resource-efficient future.

The company was established in 2002 and is headquartered in San Francisco with a growing international presence in London.Our parent company, Enovation Partners, is based in Chicago.

Media Contact:
Laura Dolby

Cleantech Group
Email: laura.dolby@cleantech.com

About Calysta

Calysta, Inc., Menlo Park, CA, is an innovator in sustainable products to improve worldwide food security. Calystadevelops and commercializes FeedKind® protein, an alternative feed ingredient for fish, livestock and pet nutritional products.

Contacts:
Steven Flanagan
sflanagan@webershandwick.com
+44(0)141.343.3250

Lyn Christenson
lyn@linkagesgroup.com
650.492.6880, ex. 100

or Calysta Media Information, info@calysta.com