Swedish start-up Volta Greentech has raised SEK 32 million (approx. $2.95 million) to advance the commercialisation of its Lome feed additive, a solution designed to reduce enteric methane emissions from cattle. This latest funding round brings the company’s total capital raised to nearly SEK 100 million (approx. $9.21 million), with major backing from Swedish food industry leaders Axel Johnson and KFS, which together control around 40% of Sweden’s food retail market.

Lome represents a second-generation feed additive that builds on Volta Greentech’s initial algae-based formulation. By incorporating red algae (Asparagopsis), the product can cut methane emissions by up to 90% while offering a lower-cost, scalable solution for farmers. The company emphasises that Lome is fully compatible with standard cattle feed and existing farm routines, facilitating adoption across commercial livestock operations.

Fredrik Åkerman, CEO of Volta Greentech, commented:

“Reducing cost is paramount to making an impact at scale. With our R&D breakthroughs and the commitment of our investors and customers, we are approaching a scalable, cost-effective solution to help agriculture meet climate targets.”

Pär Warnström, Senior Investment Manager at Novax (Axel Johnson), added:

“Volta Greentech is tackling one of the hardest-to-abate emissions in agriculture. For a group with ambitious climate targets and a large footprint in food, Lome has the potential to be truly transformative.”

The investment will support the production scale-up and market rollout of Lome, positioning Volta Greentech as a leading provider of emission-reduction solutions within the livestock sector. The company also offers measurement, reporting, and verification services, allowing clients to track and manage sustainability outcomes effectively.

With growing regulatory and consumer focus on sustainable livestock practices, Lome addresses a critical need in the market for cost-efficient, high-performance feed additives, offering a pathway for farmers and food companies to reduce their environmental footprint.