Agteria Biotech, a Stockholm-based startup focused on reducing 1% of the global greenhouse gas emissions by 2035, has raised €6 million in a Seed round in order to achieve regulatory approval for its methane-reducing products for cattle.
The funding round was co-led by Industrifonden and AgriZeroNZ, with continued support from existing investors Norrsken Launcher and Mudcake.
“Our goal from the start has been to create a solution that is not only effective but also scalable, affordable, and, above all, safe,” said Martin Blomberg, CEO of Agteria. “Methane levels in the atmosphere have never been higher, in 2024 global temperatures surpassed 1.5 degrees for the first time, and reducing methane is the most impactful short-term action we can take to combat warming. Together with our new investors, combining deep-tech experience and strong market knowledge we are ready to accelerate this critical work.”
Founded in 2023 by Martin Blomberg, Dr Tommi Remonen, and Maia Lidbeck, Agteria has developed the patent-pending AB-01 Molecule that significantly reduces methane emissions from cattle. The solution is scalable, low-cost, and reportedly offers the highest methane reduction per euro. The company’s solution has demonstrated high efficacy in several in-vivo trials, and has attracted strong interest from both beef and dairy companies as well as animal feed companies.
Their compound is formulated for use in all cows and in any production system. By blending easily into standard feeding practices, it helps reduce methane emissions without disrupting the animals’ normal rumen function.
According to Agteria, methane, 28 times more potent than carbon dioxide and responsible for 30% of the current rise in global temperatures, has become a critical climate priority. The interest in Agteria highlights the growing awareness and urgency to tackle methane emissions, particularly from agriculture as methane emissions from cattle accounts for 5% of global greenhouse gas emissions.
The new funding will enable the company to advance toward regulatory approval for its novel methane-reducing products for cattle, focusing on essential safety studies for animals, consumers, and the environment.
“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,” said Mala Valroy, Investment Manager at Industrifonden.
“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,” added Wayne McNee, Chief Executive at AgriZeroNZ.
Read the orginal article: https://www.eu-startups.com/2025/02/agteria-biotech-raises-e6-million-for-methane-reducing-products-for-cattle/
