Advanced BioNutrition snaps up $7.8M for seafood nutrition
Columbia, Md.’s Advanced BioNutrition, a developer of aquaculture products, raised $7.75 million in a third funding round. The company makes microbe-produced versions of fatty acids and amino acids found in fish oil and fish meal, which can then be used as “organic” ingredients in feed for farmed fish, shrimp and other seafood creatures.
The Sea Change Investment Fund led the round, joined by Sherbrooke Capital, Emerald Technology Ventures, BASF Venture Capital and Arancia Industrial SA.
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About the Author, David P. Hamilton
David Hamilton has been writing for VentureBeat LifeScience since April 2007. He formerly spent 14 years as a reporter for the Wall Street Journal in its San Francisco and Tokyo bureaus. Prior to that, he spent several years as a reporter at Science Magazine and as a reporter/researcher for the New Republic, both in Washington.