Volta Greentech raises 32 million SEK investment to bring cost-efficient and scalable

Volta Greentech announces a pivotal shift towards their groundbreaking 2nd generation Lome™ feed additive, cutting the cost for GHG reductions by 10x. With nearly 100 million SEK already secured in total for development and commercialization, Volta Greentech aims to deliver Lome™ (gen2) at scale to customers by 2026, pending EU regulatory approval. With global cow emissions totaling 4 billion tons of CO2e annually, demand is soaring. Built on new R&D breakthroughs, Lome™ offers a low-cost, scalable solution, vastly outperforming Volta Greentech’s previously algae-based product.

With only a 2% reduction in agricultural emissions in Europe over the past two decades, the industry faces significant challenges in reaching its climate goals. To address this urgent need, Volta Greentech’s feed additive offers a straight-forward solution in reducing methane emissions from cows, thereby supporting some of the largest food companies in curbing their GHG emissions. Volta Greentech provides feed additives and emission-reduction services taking full responsibility of measurements, reporting, and verification assisting customers in attaining sustainability goals cost-effectively. Multiple successful pilots have been completed with customers such as Coop, Orkla, Hemköp, Protos, and Martin & Servera.

After launching Volta Greentech with an initial focus on utilizing the red algae Asparagopsis as an ingredient to reduce methane emissions, Volta Greentech has achieved a breakthrough in developing a 2nd generation additive, sharply reducing the cost for methane abatement. The company has now fully transitioned to this new additive, driven by very promising R&D outcomes. The enthusiasm surrounding the new additive stems from its reduced cost and potential for scalability, enabling greater methane reduction and contributing significantly to meeting climate goals