Calysta, Inc. today announced it has raised $40 million in a Series D funding round led by Tokyo-based Mitsui & Co. Singapore’s state investment firm Temasek Holdings also participated, alongside current investors Cargill, the Municipal Employee Retirement System (MERS) of Michigan, Walden Riverwood Ventures, aquaculture investment fund Aqua-Spark and Pangaea Ventures.
Calysta develops and commercialises FeedKind protein, an alternative feed ingredient for fish, livestock and pet nutritional products. It intends to use proceeds from the investment to advance commercial scale manufacturing of FeedKind.
