Elemental Digest, a UK-based clean-tech manufacturing business that turns an international food and industrial waste problem into sustainable products with nutritional, economic and environmental benefits, is set to close its equity crowdfunding campaign on Crowdcube with more than £1.2 million in funding. The campaign was launched last month, originally seeking £1 million.
As previously reported, Elemental Digest claimed its process turns organic waste into value-added end products with impressive nutritional, economic and environmental benefits – with zero-waste.
“We will recover and recycle abattoir-generated organic waste and useful industrial by-products at our new facility in Devon. The process produces Thallo, a multi-nutrient, sustainable, consistent, valuable and versatile fertiliser.”
The company also reported the funding is for the first part of a larger strategic phase, where we simultaneously develop high-value edible fats and proteins from fresh ingredients in partnership with an international meat producer.
“With our patents, granted or pending in >60 countries we plan to change how agriculture nourishes plants, improving soil, animal and human health as well. Our clean, recovered phosphate is essential for growth and yields. Our R&D is substantive and we’ve now qualified our final products and are ready to produce to scale.”
Elemental Digest added that the rest of the funds will be used to build the fertiliser plant, expand markets, develop the team and further R&D to qualify crop-related precision applications. The campaign is set to close later this week.
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