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3F Bio

3F Bio

3F BIO is a biotechnology company developing and commercializing sustainable proteins, bioethanol and animal food production technologies. Jim Laird founded 3F Bio at the University of Strathclyde in Glasgow, Scotland in 2015.

OverviewStructured DataIssuesContributors

Contents

3fbio.com
enough-food.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Fermentation
Fermentation
Food technology
Food technology
Technology
Technology
Biology
Biology
Biotechnology
Biotechnology
‌
Information Systems & Services
Information technology
Information technology
...
Location
United Kingdom
United Kingdom
Glasgow
Glasgow
B2X
B2B
B2B
B2C
B2C
CEO
Jim Laird
Jim Laird
Founder
Craig Johnston
Craig Johnston
Date Incorporated
2015
Spun Out From
University of Strathclyde
University of Strathclyde
Number of Employees (Ranges)
51 – 2000
Email Address
info@enough-food.com
Full Address
163 Bath Street Glasgow G2 4SQ Scotland
Investors
University of Strathclyde
University of Strathclyde
Scottish Investment Bank
Scottish Investment Bank
Nick Elmslie
Nick Elmslie
EOS Technology Investment Syndicate
EOS Technology Investment Syndicate
WORLD FUND
WORLD FUND
Scottish Enterprise
Scottish Enterprise
CPT Capital
CPT Capital
Founded Date
2015
Total Funding Amount (USD)
29,737,489
Latest Funding Round Date
July 2019
Glassdoor ID
3068642
Latest Funding Type
Series A
Series A
Country
Scotland
Scotland
United Kingdom
United Kingdom
Headquarters
Glasgow
Glasgow

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
43,543,102

3F Bio is a biotechnology company that was founded on January 30, 2015 by Jim Laird, David Ritchie, and Craig Johnston. The company is operating out of Glasgow, Scotland at the University of Strathclyde, and works closely with Strathclyde's Industrial Biotechnology Innovation Centre for technological and commercial development.

3F Bio is developing technologies and techniques for the sustainable production of food proteins, bioethanol, and animal feed to address global demand for proteins by manufacturing mycoproteins. The company claims that their patented mycoprotein production process produces zero waste, lowers cost of mycoproteins by 50%, and produces %90 less of a carbon footprint and uses 95% less water compared to beef production.

Funding
Seed

On July 16, 2017, 3F Bio announced the completion of their seed funding round. They raised £461,000 in capital investment from EOS Technology Investment Syndicate, University of Strathclyde, Scottish Investment Bank, Data Collective, and Nick Elmslie.

Series A

On April 4, 2018, 3F Bio announced the completion of their series A funding round. They closed their series A funding round with £6,200,000 in capital investment from the University of Strathclyde, Scottish Investment Bank, EOS Technology Investment Syndicate, Data Collective, and Nick Elmslie.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

3f bio raises £461k to develop sustainable production of protein - SBNN

Scottish Business News Network

https://sbnn.co.uk/2017/07/16/3f-bio-raises-461k-develop-sustainable-production-protein/

News article

References

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