Dubbed Zoa, Modern Meadow’s technology produces collagen protein without the use of animals.
“Consumer demand for animal-free products is increasing rapidly,” says Lutz Stoeber, investment director for Evonik Venture Capital in North America. “With this investment Evonik is supporting Modern Meadow in developing a sustainable animal-friendly technology.”
Evonik and Modern Meadow first began collaborating in March 2018, with Evonik helping Modern Meadow scale the fermentation-based technology and improve process productivity. The two companies plan to bring a plant online in 2020 at an Evonik site in Slovakia.