Nutrinsic Corp., a Glendale, CO-based commercial nutrition solutions provider, raised $12.7m in funding.
The round was led by Artiman Ventures with participation from IDG Capital, High Country Venture and Maxhill Industries.
The company intends to use the funds to continue to grow its sustainable protein business.
Led by Leo Gingras, Chief Executive Officer, Nutrisinc provides ProFloc™, a high quality protein ingredient for use in animal nutrition, which is produced using patented technology that upcycles nutrients that are currently lost in food and beverage plant wastewater treatment.
The company is building its first U.S. production facility in Trenton, Ohio which is slated to come on-line by year end 2014. A facility in China has been operational for several months and is co-owned by Nutrinsic and other partners in a joint venture.