Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- June 10, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- GrainFrac is a technology-driven ingredient company focused on the future of plant-protein. The Company’s novel technologies enable the extraction and purification of grains and pulses into functional ingredients including protein isolates, concentrates and high value co-product streams. GrainFrac’s proprietary extraction processes are more cost-efficient, notably decreasing the cost of production compared to traditional processing methods and require considerably less upfront capital expenditures to establish production capacity. The process is also far more sustainable, minimizing environmental impact by reducing water and energy utilization by up to 60%.
In 2022, GrainFrac executed pilot projects and strategic collaborations with multinational ingredient processors and food manufacturers to demonstrate the technology’s ability to produce novel protein ingredients with the functional properties and characteristics required by the industry. The Company has now secured validation of the product market fit for its novel protein ingredient and established interest from several high profile prospective commercial and strategic partners.
Links