Deep Branch, a creator of sustainable, high-value food and feed ingredients, has secured £4.8m in funding from the Department for Business, Energy & Industrial Strategy (BEIS) £1 billion Net Zero Innovation Portfolio. The funding is part of the £20 million Carbon Capture, Usage and Storage (CCUS) Innovation 2.0 programme aimed at accelerating the deployment of next-generation CCUS technology in the UK.
The funding will be used to finance the Deep Blue C project, which will integrate carbon capture and low-carbon hydrogen ecosystems. Deep Blue C signifies an acceleration in Deep Branch’s growth as it commercialises its CO2-to-protein technology platform. Executing the project will enable the company to reduce the cost of design optimisations, lower capital expenditure and the cost of goods sold for its core fermentation process and improve downstream processing.