Worldwide populace numbers are on a steep upward trajectory, with the UN predicting a two-billion-man or woman enhance more than the upcoming 30 several years to consider today’ 7.7bn to 9.7bn by 2050.
This presents a sizeable obstacle to the agri-food stuff industry, who is operating to not only deliver far more food, but to do so with minimal natural sources.
“We are unable to tackle this problem with today’s methods,” said Javier Zaratiegui, CTO and co-founder of Spanish start-up Cocuus. “The methods to feed the whole inhabitants are limited, and I suppose that none of us want to stress the world.”
Together with co-founders Daniel Rico (CMO) and Paxti Larumbe (CEO), Zaratiegui is building technologies to advance the different protein house, and ultimately, feed more people with much less resources.
Multi-tech platform ‘Mimethica’
Cocuus, which the trio established in 2017, develops ‘high technology’ for the biosynthesis of new foods. Precisely, the start-up has produced new plant-based mostly and cell-centered production processes for corporations doing work in this area.
3D printing is at the heart of Cocuus’ engineering. “We carry out analyses of the morphological composition of diverse foods, and from there, we acquire mathematical models that allow us to not only reconstruct them, but to do so in a scalable way,” Zaratiegui explained to delegates at start off-up accelerator Eatable Venture’s demo day this week.
Cocuus is unconvinced that 1 one technologies is plenty of. Somewhat, the begin-ups has formulated a foods-tech platform that brings together many technologies. Coined ‘Mimethica’, the platform contains 3D printing, and inkjet printing, blended with ‘proprietary ingredients’ for the formulation of new food items.
The company’s 3D- and inkjet printing systems are previously on the market place, but Cocuus is operating on a few ‘amazingly disruptive disciplines’ to commercialise inside the next few of many years.
The 1st is Cocuus’ ‘softmimic technology’, a purée tech for older people in nursing properties and hospitals. Effectively, the technological know-how transforms purées into dishes that resemble serious foodstuff – these kinds of as entire meat cuts – that is simpler to swallow.
In 2019, Cocuus created its initially softmimic prototype and patented the technologies. It strategies to kickstart commercialisation later on this year.
The start out-up is also developing its have bio-printing tech, which it describes as ‘highly scaleable’. The technological innovation involves ‘morphological shaping’ meat and fish solutions, and recreating them with the use of 3D printing and bio-inks.
Cocus has formulated 1st prototypes of 3D printed ribeye and salmon, and centered on early indicators, aims to generate 10kg of item for each minute. Pilot exams are pencilled in for 2022, as is commercialisation.
Eventually, the start-up is also making use of 3D printing engineering to build scaffolding for the cell-based mostly meat and fish sector with bio-inks. Acquiring a prototype for its scaffolding engineering, submitting a patent, undergoing laboratory exams and commercialising a item are all on the cards for 2022.
Cocuus’ enterprise product is concentrated on both equally the sale and lease of its technologies, which include royalty payments dependent on the variety of models manufactured.
“This is complemented by the sale of consumables (eg. bio-inks) and the provision of solutions (like R&D and technical aid),” Zaratiegui explained.
The B2B tactic will target various a selection of sectors. Collective category providers, which includes hospitals and nursing households, will be a essential emphasis space for Cocuus’ softmimic engineering, whereas the bio-printing and scaffolding technologies will be finest suited to plant-centered and mobile-based begin-ups.
Regarding Cocuus’ base line, the CTO uncovered the organization has obtained earnings due to the fact 2018, and in 2020 boasted an EBIDTA of €195,000. The start out-up predicts income will arrive at €7.4m by 2025, with an EBIDTA of €4.4m.
To day, Cocuus has been given €1.8m in expense. It a short while ago launched a new expenditure spherical that aims to elevate €2m. “We will dedicate the assets to promoting and sales, to end ongoing products and solutions, and to carry on with analysis and development.”