Rumin8 is accelerating its commercialisation progress in New Zealand, adding a New Zealand investor to its core group of commercial partners as it prepares to enter the final trial process for commercial registration of its methane abating feed additives for cattle.
New Zealand public-private partnership AgriZeroNZ has committed US$3 million in funding to Rumin8, adding to the stable of commercial partnerships with companies including Breakthrough Energy Ventures, Preluded Ventures, Aware Super, Harvest Road, Starshot Capital, Just Climate and Conscience Bay Company.
Rumin8 CEO and co-founder David Messina said part of Rumin8’s growth strategy was to align with commercial partners in key target markets.
“AgriZeroNZ is committed to helping farmers in New Zealand reduce emissions without compromising profitability and productivity. This is exactly how Rumin8 is developing its commercial model, so AgriZeroNZ is such a natural fit,” Mr Messina said.
“We are both acutely aware that if we are to increase uptake of methane abating products in the agriculture sector, those products need to stack-up commercially. That’s why the productivity gains and safety profile we are achieving while also reducing methane emissions are so important.”
Rumin8 achieved provisional registration from the New Zealand Agricultural Compounds and Veterinary Medicines (ACVM) in 2024, to enable efficacy and safety studies to be conducted in commercial animals to generate the data for final approval in New Zealand.
The company will shortly commence pivotal trials in New Zealand. In addition to providing definitive safety and efficacy results across a large commercial-sized trial, the pivot trial also defines the instructions and dosage on the final product label if the product achieves commercial registration.
“We are planning to have first commercial sales in New Zealand in 2027, and AgriZeroNZ’s commitment is an important step to achieve that milestone,” Mr Messina said.
He said Rumin8 was conscious of the importance of New Zealand’s “clean green image” to marketing its agricultural produce.
“Rumin8’s technology reproduces the naturally occurring compound found in red seaweed (asparagopsis) with precision and consistency, while providing a low cost, scalable, manufacturing process,” he said.
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Cameron Morse
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About Rumin8
Rumin8 is an agriculture-focused climate tech company, using pharmaceutical technology to create affordable feed and water supplements that reduce methane emissions from livestock. Our patented process delivers a nature inspired and derived pharmaceutical ingredients to interrupt methane production, as well as boost animal performance. We’re perfecting various formulations for diverse livestock feeding systems, including grass-fed cattle, aiming to decarbonize 100 million cattle by 2030. To learn more please visit: http://www.rumin8.com