Emergence client, Fredericton, New Brunswick-based Chinova Bioworks, has been profiled by Rabobank, an international financial services provider.
This article is part of Rabobank’s Growing Ideas series, in which the bank takes a look at the future of food and agriculture and offers a platform to innovative companies,
In the article, entitled “Growing Ideas: mushrooms, an all-natural preservative – A new ingredient for clean-label products“, Rabobank writes: “A chance encounter in a lab in New Brunswick, Canada, has, in just two years, led to a revolutionary preservative solution for food and beverages – and it is 100 percent natural. The magic ingredient? Mushrooms.”
“In 2016, Canadian biochemistry graduate Natasha Dhayagude and biotechnologist David Brown stumbled on the preservative properties of ‘chitosan’ (pronounced kite-o-san), a naturally occurring substance found in mushrooms and shellfish,” Rabobank says.
Emergence director, Martin Yuill with Chinova COO, David Brown and CEO, Natasha Dhayagude
Two years later Dhayagude is CEO, and Brown COO, of Chinova Bioworks, a company that is pioneering mushroom chitosan as a flavorless natural preservative with a broad spectrum of applications.
See also: Emergence client, Chinova Bioworks, raises US$2 million seed financing round
About Chinova
Chinova Bioworks is a Canadian company that addresses the growing consumer demand for healthy, natural, clean-label ingredients, while providing producers with an effective solution that ensures food safety, shelf life, and the overall quality of the product. The company has developed an innovative preservative based on an ingredient extracted from mushrooms called chitosan. This technology offers broad spectrum protection against all types of microorganisms (bacteria, yeast, and mold), is easy to use, and has no organoleptic impact, all at a competitive price point.
About Rabobank
Rabobank is an international financial services provider operating on the basis of cooperative principles. It offers retail banking, wholesale banking, private banking, leasing and real estate services. As a cooperative bank, Rabobank puts customers’ interests first in its services. It serves approximately 8.4 million clients around the world. Rabobank Group is comprised of Coöperatieve Rabobank U.A. (Rabobank) and its consolidated subsidiaries in The Netherlands and abroad. It is committed to making a substantial contribution to welfare and prosperity in the Netherlands and to feeding the world sustainably.