Agteria Biotech, founded in 2023 and based in Stockholm, has successfully raised €6M in a seed funding round aimed at reducing global greenhouse gas emissions from agriculture. The investment, led by Industrifonden and AgriZeroNZ, supports Agteria's development of a patent-pending molecule designed to cut methane emissions from cattle. This scalable, science-backed solution has demonstrated its effectiveness in multiple trials and has garnered interest from the beef, dairy, and animal feed sectors. With a collaborative approach, Agteria aims to achieve regulatory approval for its innovations and ultimately contribute to making agriculture net zero.
"Agteria's progress in a short time is remarkable, driven by a small, highly ambitious, and energetic team. We're excited to support their journey as they bring a unique, scalable, science-backed innovation with the potential to significantly reduce agricultural greenhouse gas emission."
"We're actively scanning the world for innovative ventures to invest in to help farmers reduce emissions. We're proud to back Agteria to accelerate the development of a practical, effective solution suitable for grazing systems in New Zealand and around the world."
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