Chinova Bioworks, a Canadian company that addresses the growing consumer demand for healthy, natural, clean-label ingredients, is pleased to announce that Sustainable Development Technology Canada (“SDTC”) has approved a $1.5M contribution to their expansion project.
Chinova Bioworks co-founders Dhayagude and Brown met at an entrepreneurship accelerator and incubator and found a common interest in the science of mushrooms, reducing food waste and sustainable solutions for clean-label ingredients. Since then the founders and team have been working tirelessly to tap into the amazing protective qualities of mushroom extract.
With this SDTC investment Chinova, with the help of partners PEI BioAlliance and DSM, will expand into a new pilot production facility which will allow them to upcycle mushroom waste into a commercially sustainable preservation ingredient that will help to reduce food waste throughout the farm to fork cycle.