Symrise has announced a strategic equity investment in Bond Pet Foods, a biotechnology firm based in the U.S. that employs precision fermentation to create animal-identical proteins. This partnership aligns with Symrise’s goal of advancing biotech-enabled ingredients that enhance pet nutrition while promoting environmental sustainability, thereby bolstering the long-term competitiveness of Symrise Pet Food.
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With this collaboration, Symrise intends to utilize Bond Pet Foods’ technology to tackle significant industry challenges, such as ensuring supply-chain reliability and catering to the increasing consumer demand for sustainable pet food ingredients. The partnership aims to provide pet food manufacturers with expanded access to high-quality proteins while promoting responsible sourcing and resilience within the sector.
Diego Maurizio, General Manager of the Palatability & Nutrition Business Line at Symrise, stated that this investment represents a vital move towards creating next-generation sustainable ingredients through biotechnology. By integrating Bond’s fermentation expertise with Symrise’s application knowledge, the partnership seeks to deliver effective nutritional solutions and open up new growth avenues for customers.
Bond Pet Foods, founded in 2017, specializes in developing animal-identical proteins for pet nutrition using precision fermentation. The company has made strides in refining its platform through various development agreements, focusing on the real-world application of novel protein ingredients. CEO Rich Kelleman remarked on the significance of their collaboration with Symrise, emphasizing how Symrise's deep understanding of pet nutrition will enhance the performance and utilization of their ingredients for pet food manufacturers.
Walter Ribeiro, President of Taste, Nutrition & Health at Symrise, added that this investment is pivotal in scaling biotechnology within their business. The collaboration aims to bolster long-term resilience, diversify product offerings, and foster a robust innovation pipeline while supporting Symrise’s sustainability commitments and consumer-centered innovation strategies.
Bond Pet Foods, located in Boulder, Colorado, combines yeast fermentation with food science to produce high-quality animal-identical proteins that fulfill the nutritional needs of pets. These ingredients are supplied to pet food manufacturers for various applications, including food, treats, and supplements. Investors in Bond include notable organizations and funds from the biotechnology and pet nutrition sectors, such as Genoa Ventures, Lever VC, ADM Ventures, and others.