Product & Technology
Functional proteins from precision fermentation, and the platform behind them
Gross-margin trajectory
% of revenue · 2026–2032
Media is the cost lever
55–95%
of production cost is culture media, dominated by growth factors.
Our answer
A growth-factor-free, food-grade media platform, the core of our cost-down and our IP, is what drives gross margin from break-even economics toward 88% by 2032.
Defensible moat
Continuous process, not batch
A continuous fermentation and purification line that runs for months at steady state rather than in discrete campaigns: materially higher throughput per litre of installed capacity and far lower capital per kilogram than batch production.
Proprietary strain library
An expression-strain library tuned per target protein, held as trade secret rather than published. Yield per litre improves with every campaign, and that run history is the part a competitor cannot copy from a patent.
Patent-pending process families
Continuous-production and downstream-purification families filed via PCT. Patent-pending, not yet granted. The filings cover the process; the strain library stays a trade secret.
Cosmetics-first go-to-market
Cosmetic-grade actives reach revenue on a shorter qualification cycle than food applications, giving a fast, high-margin beachhead while food-enzyme dossiers work through the longer EU authorisation route in parallel.
Technology roadmap
Outputs
Now: Specialty actives today: functional proteins and high-value enzymes
Next: Broader catalogue from 2028+, plus licensed production of the same molecules
Reactor scale
Now: 500 L pilot line, continuous operation validated
Next: 2,000 L from 2026, 5,000 L from 2028, then a multi-site network
Strain system
Now: Proprietary expression strains per target protein, non-GMO host where required
Next: Tuned expression at scale and shared platform strains for licensees
Cost & scale
Now: ~€180/kg at pilot scale
Next: Toward <€60/kg at industrial scale, the point where licensing becomes the larger engine