Äio (pronounced EYE-oh) is the Estonian god of desires. It appears a sweetly acceptable namesake for a rising startup, known as ÄIO, from that tiny Baltic nation that has developed a course of to show agricultural waste like sawdust into fat for the meals and beauty industries.
This course of may very well be a solution to scale back the world’s dependency on palm oil, which has develop into a staple for meals and cosmetics for its emulsifying and preservative properties. Sadly, as a result of of that plant’s want for sizzling humid climates, this huge business has additionally notoriously destroyed rain forests and different delicate ecosystems to make method for farms.
ÄIO was co-founded by biotechnology scientists Nemailla Bonturi and Petri-Jaan Lahtvee primarily based on Bonturi’s doctoral analysis. Throughout her research she invented a brand new microbe, a pressure of yeast. As a substitute of consuming sugar and outputting carbon dioxide gasoline or alcohol as with bread and beer, this yeast consumes sugar and outputs fats molecules. The corporate will showcase its tech as a part of Startup Battlefield at this 12 months’s TechCrunch Disrupt, which runs later this month in San Francisco.
Lahtvee was a professor of Meals Tech and Bioengineering at Estonia’s Tallinn College of Know-how and, in 2016, working his personal biotech lab there with Bonturi his first rent. She introduced her microbe with her, they usually labored on the molecule, altering it to be hardy sufficient to be manufactured.
As Estonia has a massive agriculture base of corn and different meals grains, in addition to sugarcane and lumber, the lab studied how sugars produced from these ag waste streams might feed this microbe. “We began engaged on it, growing metabolic engineering instruments,” Lahtvee instructed TechCrunch. The reply: It might eat these sugars fairly effectively.
The molecule’s “fats profile is similar to current fat,” Lahtvee says, and, in its solid-fat type, in all probability “most carefully resembles hen fats.” However it’s additionally potential to modify the fermentation course of to provide a liquid oil as effectively that would make it a good different to manufactured oils like canola/rapeseed oil.
In 2022, the founders knew that they had a commercially viable resolution and launched ÄIO with the hope of elevating enterprise cash and establishing business partnerships to deliver it to market. They’ve raised about $7 million to this point and, since founding, have created strategies for growing precision fermentation merchandise, received the 2024 Baltic Sustainability Award, and signed over 100 firms worldwide fascinated about collaboration, the startup says.
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“Now we have a really intensive evaluation after we make our product and, to this point, what now we have seen is that our last product is to the identical stage as vegetable oils, apart from the pesticides — even extra pure,” Bonturi instructed TechCrunch.
Subsequent up, the firm plans to construct a facility to provide the fats in business portions by 2027, in addition to license the know-how to different beauty and meals producers. It additionally should acquire licenses to promote the fat as meals, nation by nation, almost definitely beginning with Singapore, which has a historical past of being extra open to different meals manufacturing merchandise.
“In fact, it’s a novel kind of method of manufacturing meals, and we must undergo all of the permits and evaluation,” Bonturi mentioned.
As such plans progress, Bonturi mentioned that she hopes to indicate how “two scientists on this small nation might truly do one thing higher for the world, however that’s simply my private dream.”
If you wish to be taught extra about ÄIO from the corporate itself — whereas additionally testing dozens of others, listening to their pitches, and listening to visitor audio system on 4 completely different levels — be a part of us at Disrupt, October 27 to 29, in San Francisco. Study extra right here.
