Earth Data

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Increasing World Population (in Billions)

Growing population at such a staggering rate can be seen as the root cause of many problems arising today or threaten to arise in near future. The population is expected to rise by 25% from 7.8 Billion in 2020 to 9.7 Billion in 2050, a rate which is highly unprecedented when compared with survival drivers like arable land, natural resources, etc.

CO2 emissions (K gigatonnes CO2 equivalent/yr)

In the time of crisis, when the world comes at a stop the CO2 emissions goes down (like in 2008 & 2019 Covid), but as soon as things get back to normal, those emissions starts increasing multifold. As we all know, CO2 acts as a greenhouse gas and can absorb & emit infrared radiation. The constant check to keep CO2 emissions at lowest, is one of the major driver in dealing with the climate change.

Per Capita Meat production (Kg/Y)

Production of a single ounce of meat requires significant amount of natural resources and also has to handle the methane gas emission from Cows (20% of total methane gas emission). Reduced per capita meat production, between 2018 & 2020, a decline of about 5.7% was likely because of an outbreak of African swine fever in China that reduced the pork supply.

Ruminant Livestock Numbers (billion individuals)

Never have we seen the world ruminant livestock numbers soaring past 4 billion, which represents much more mass than all human and animals combined. We can agree that although these are important source of protein & livelihood, but they are also a significant contributor to environmental challenges like methane and CO2 emissions, deforestation & water usage.

Global Monthly Mean CH4 (CH4 ppb)

One of the most dangerous GHG, Methane, set new year-to-date records for atmospheric concentration for years 2020 and 2021. Methane traps 86 times more heat in the atmosphere that CO2 and 20% of planet warning can be contributed to Methane. All five of the hottest years on record has happened since 2015, which shows the direct relation between the earth's temperature & GHGs.

Global tree cover loss (MHa/Y)

World lost 1.6 million hectares of undisturbed forest land last year (2020), up 7% of 2019, according to the Global Forest Watch. Losses in the tropics have now increased for two years in a row, driven mostly by forest clearance for agriculture. The EU and UK government are considering using trade deals and regulations to apply pressure on countries such as Brazil (most forest loss in 2019-2020) to curb deforestation.

Energy Consumption (Exajoules/yr)

Fossil fuel energy consumption has decreased since 2019 (COVID-19). However, these declines appear to be transient and projected to rise again from 2021. Conversely, solar and wind power consumption increased by 57% from 2018 to 2021, but it's still 19 times lower than fossil fuel. Although we can see the increasing trend in Solar/Wind energy, the rate of increase for other conventional fossil fuels energy sources is comparatively higher.

New School Foods

CA Food-Tech
  • €273K
  • Chris Bryson
  • Amount Raised: $12 Million

New School Foods, founded in 2020 by the experienced entrepreneur Chris Bryson, the Canadian startup creates plant-based seafood with the same texture, flavor, nutritional benefits, and cooking experience as traditional seafood. They have developed a novel directional freezing technology through two years of deep R&D in collaboration with three research universities. The company is the first to produce plant-based foods with this technology, a unique new addition to the plant-based meat processing toolkit. The company’s patented technology and IP are hard to imitate or circumvent and are wholly owned by the company via IP assignment from its university partners.

New School Foods will launch whole-cut plant-based salmon fillets produced through its unique freeze structuring process. The product contains highly realistic aligned protein fibres, which cannot be produced with existing methods such as high-moisture extrusion. Omega 3, 6, and astaxanthin (to represent the pink salmon colour) will also be included in the product.

 

Problem they solve

  • Overfishing: More than 90 percent of wild fisheries are classified as overfished or harvested at maximum capacity, and aquaculture growth is slowing and presents its own challenges, leaving the worlds with an urgent need for new approaches to meet this growing demand.
  • Carbon footprint: A study done by Nature Climate Change shows that “fisheries consumed 40 billion litres of fuel in 2011 and generated a total of 179 million tonnes of CO2-equivalent GHGs (4% of global food production)”. Fishing for crustaceans has the most carbon intensive fleets.

 

Why we believe

  • Established Technological base: They have a unique patented process in the usage of hydrogel, a material critical for this process and well covered in its IP. The company is leveraging Ryerson, McGill, and St. Francis Xavier Universities to conduct its R&D projects and have fully assigned IP to New School.
  • Strong Leadership: The founder and CEO, Chris Bryson, has a successful track record of building and exiting an enterprise software company Unata, acquired by Instacart in 2018. He is an active member of the Glass Wall Syndicate (being an angel investor himself) and is well networked with the members of the syndicate including Lever, Blue Horizon, New Crop Capital , Stray Dog Capital, and many others.
  • Bedfellows’ quality: The set of investors represent well regarded names in the Alt Protein VC community including Lever VC & Blue Horizon ventures. Senior partners involved in the deal from Lever VC were also involved in the early investment & exit of Beyond Meat and investment & scale out of Impossible Foods.

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