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KnipBio

KnipBio

KnipBio is a biotechnology company making fish feed alternatives for sustainable global aquaculture that is headquartered in Lowell, Massachusetts and founded by Larry Feinberg and Chris Marx in 2013.

KnipBio is a biotechnology company that was founded in 2013 by Larry Feinberg and Chris Marx, and is headquartered in Lowell, Massachusetts. KnipBio makes single cell protein products out of non-food feedstocks that are used as fish feed. Their fish feed product is called KnipBio Meal and is made using semi-continuous batch fermentation of agricultural inputs with a microorganisms called Methylobacterium extorquens. The company claims that because the fermentation process relies on agricultural inputs and not oil the company is able to sustainably and reliably produce KnipBio meal.

Funding

Grant

On October 29, 2014 KnipBio received a $50,000 from MassChallenge.

Series A

On January 20, 2015 KnipBio closed their series A funding round with $1.6 million in funding from Cherrystone Angel Group.

Series B

On January 3, 2017 KnipBio closed their Series B funding round with $2 million in funding from Launchpad Vanture Group and Cherrystone Angel Group.

Timeline

People

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Catherine Pujol-Baxley

Senior Vice President of Research & Development

Larry Feinberg

Founder & CEO

Russ Heissner

Senior Vice President of Commercialization

Further reading

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