Nulife GreenTech, a Saskatoon, Saskatchewan, Canada-based startup that diverts waste from landfills to create bioproducts, raised $300k in funding.
Ag-West Bio made the investment.
The company intends to use the funds to expand its commercial pilot to meet supply demand, ahead of a full commercial plant planned for late 2024/2025.
Led by Jerry Kristian, co-founder, Nulife GreenTech uses a patented technology, called HydroThermal Liquefaction (HTL), to transform agricultural residues, food manufacturing waste and sewage sludge into sustainable biocrude oil. The technology is modular and scalable, and suited to processing food and dairy waste.
NULIFE has been selected by Frontier as part of its 2024 prepurchase cycle. Founded by Stripe, Alphabet, Shopify, Meta, and McKinsey, Frontierās goal is to accelerate the development of carbon removal technologies by supporting early-stage suppliers like NULIFE.
FinSMEs
20/09/2024