Funding Round Livestock

Volta Greentech Raises €1.7M from Axel Johnson Group for European Feed Additive Launch

Volta Greentech nets €1.7M in funding led by Axel Johnson Group for its European market launch of its methane-reducing feed additive

Key Takeaways

  • Volta Greentech secured 18 MSEK (approximately €1.7M) in funding led by Axel Johnson Group to prepare for the European market launch of its methane-reducing feed additive.
  • The Swedish biotechnology company has now raised more than 100 MSEK (approximately €9.5M) in total funding since its founding in 2019.
  • The company's next-generation feed additive Lome® is designed to significantly reduce methane emissions from ruminant livestock by suppressing methane-producing microbes in the rumen.
  • Volta Greentech is currently finalizing its regulatory application for the EU to enable a broad market launch of Lome across Europe.
  • Axel Johnson, one of Sweden's largest family-owned industrial groups, has been supporting Volta Greentech since 2022 and led this latest funding round through its investment vehicle Novax.

Volta Greentech Secures Strategic Investment for Market Launch

Swedish biotechnology company Volta Greentech announced on March 24, 2026, that it has raised 18 MSEK (approximately €1.7M) in a new funding round led by Axel Johnson Group. The investment will support the upcoming market launch of the company's next-generation methane-reducing feed additive, Lome®, designed for ruminant livestock.

With this latest funding round, Volta Greentech has now raised more than 100 MSEK (approximately €9.5M) since its founding in 2019. The new capital will support continued research and development as well as the commercial rollout of Lome across European markets.

Lome® Technology and Development

Lome represents a significant evolution in Volta Greentech's approach to methane reduction. The company has transitioned from large-scale algae cultivation to replicating the specific methane-reducing properties of algae, creating a more precise and reliable product. This shift enables a more resource-efficient and scalable production process compared to the challenges of scaling algae cultivation.

administrator
As a dedicated journalist and entrepreneur, I helm iGrow News, a pioneering media platform focused on the evolving landscape of Agriculture Technology. With a deep-seated passion for uncovering the latest developments and trends within the agtech sector, my mission is to deliver insightful, unbiased news and analysis. Through iGrow News, I aim to empower industry professionals, enthusiasts, and the broader public with knowledge and understanding of technological advancements that shape modern agriculture. You can follow me on LinkedIn & Twitter.

Leave a Reply