In Missouri, Agrivida, a St. Louis-based agriculture technology company focused on animal nutrition, received separate investments from TechAccel and Iowa Corn Opportunities to further technology development. Agrivida has a patented technology using protein expression in grain to simplify the process of enzyme production. The company is commercializing its patented feed additive enzymes for use with poultry, swine, dairy and beef cattle.
“We see Agrivida and its technology as a great new platform for using corn as a cost-competitive factory for a wide variety of products,” said Brian Jones, Chief Operating Officer of the Iowa Corn Growers Association, parent company of Iowa Corn Opportunities.
“Agrivida is poised to create a disruption across enzyme manufacturing and animal nutrition,” said Michael Helmstetter, Ph.D., President and CEO of TechAccel, a venture and technology development firm. “We are excited to take a key role in developing the science to expand the potential of Agrivida’s technology.”