What FutureFeed does

FutureFeed is a Brisbane-based agricultural technology company that commercializes Asparagopsis seaweed as a livestock feed ingredient to reduce enteric methane emissions from ruminant animals. Established by Australia's national science agency CSIRO in 2020 to spin out research originating from Dr. Rob Kinley's work beginning in 2007, FutureFeed holds global intellectual property rights for the use of Asparagopsis (A. taxiformis and A. armata) species as a methane-inhibiting feed supplement. The technology leverages bioactive compounds, particularly bromoform, to interrupt an enzyme in the cow's digestive process; peer-reviewed studies demonstrate 80%+ methane reductions in beef feedlot settings, 40%+ reductions in dairy operations, and up to 88% in sheep, with additional 7.4% improvements in feed conversion efficiency and AUD $0.35/head/day reductions in feed expenses reported in commercial feedlot trials. FutureFeed offers two delivery formats — a stabilised freeze-dried powder and Asp-Oil (Asparagopsis steeped in edible oils such as canola oil) — and operates the certified 'Farmed to Lower Methane' trademark for downstream meat and dairy products.

The company operates a pure IP licensing business model, granting rights to Asparagopsis growers and processors worldwide rather than manufacturing product directly. FutureFeed has built a global licensee network of 9-10 producers spanning Australia, New Zealand, the United States, Canada, Europe (Sweden), South Korea, Japan, and Vietnam, including Sea Forest, CH4 Global, Blue Ocean Barns, Immersion Group, SeaStock, CleanEyre Global, Symbrosia, Volta Greentech, and Proteus Ag. Licensees receive access to patented technology, research findings, product dossiers, and marketing support, with downstream products sold into beef feedlots, dairy farms, and emerging sheep segments. Distribution is extended through partnerships such as Orffa (Marubeni Group) for EU feed channels. Asparagopsis is approved for commercial sale as a feed material in Australia and the EU, and FutureFeed is pursuing adjacent opportunities in carbon markets, having submitted an Expression of Interest in July 2024 to integrate Asparagopsis into the Australian Carbon Credit Units scheme and supported publication of the industry's first national quality standard (Standards Australia AS5404:2025).

FutureFeed is funded by a mix of strategic and financial investors including Woolworths Group, AGP Sustainable Real Assets, Harvest Road (Tattarang), Cultiv8 Funds Management, GrainCorp Ventures, W23, and CSIRO, with industry-wide investment across FutureFeed and licensees exceeding AUD $350M. The company is led by CEO Alex Baker (appointed March 2023) and CFO James Stewart (appointed May 2023), with Dr. Rob Kinley serving as Chief Scientist, Joanne Barber as COO, and Cassandra Kelly as Board Chair. Headquartered in Brisbane with 11-50 employees, FutureFeed has earned recognition including TIME Best Inventions (2024, 2025), BloombergNEF Pioneers Award (2023), and inclusion in the Indo Pacific Climate Tech 100 (2023, 2024).

Name

FutureFeed

Legal name

FutureFeed Pty Ltd

Website

https://future-feed.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

FutureFeed is a Brisbane-based agricultural technology company that licenses global intellectual property for Asparagopsis seaweed as a livestock feed ingredient to reduce enteric methane emissions from cattle and sheep by 80% or more.

Ownership category

akta.pro rank

Product category

Livestock feed additives

NAICS

Other Animal Food Manufacturing (311119), Aquaculture (11251), Animal Production and Aquaculture (112)

SIC

Agricultural Prod-Livestock & Animal Specialties (200)

akta.pro primary industry

Phytogenics & Botanicals (Essential Oils, Plant Extracts) (AFADAKAF)

akta.pro secondary industries

Bio-based Animal Feed Ingredients & Nutrition Co-products (e.g., DDGS, protein meals, yeast) (EUAAAIAI), Seaweed & Algae Aquaculture (incl. microalgae) (AFAEAAAE), Algae & Seaweed Proteins (Microalgae/Spirulina, Macroalgae) (AFAJAHAF)

Keywords

• Livestock methane reduction
• Asparagopsis feed additive
• Agricultural biotechnology
• Seaweed feed ingredient
• Enteric methane inhibitor

Headquarters

HQ city

Newstead

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Marketing or Sales, Personnel, Operations

Revenue model

1. IP Licensing: FutureFeed generates revenue by licensing its intellectual property to Asparagopsis growers and processors globally. Licensees pay for the right to use the patented Asparagopsis technology as a livestock feed ingredient. The license provides market access for seaweed producers to sell Asparagopsis into the livestock market and ensures the technology is rolled out in a safe and sustainable way.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

FutureFeed licenses global intellectual property for the use of Asparagopsis seaweed as a livestock feed ingredient that reduces enteric methane emissions in ruminant animals (cattle, sheep) by 80% or more. The company does not sell feed directly; instead, it grants IP licenses to Asparagopsis growers and processors (such as Sea Forest, CH4 Global, Blue Ocean Barns, Immersion Group, SeaStock, CleanEyre Global, Symbrosia, Volta Greentech, and Proteus Ag) who cultivate, process, and commercialise the seaweed-based supplement in freeze-dried powder or Asp-Oil form.

Product overview

FutureFeed offers Asparagopsis seaweed as a unified core product for livestock methane reduction, commercialised as both a freeze-dried powder and an oil-based formulation (Asp-Oil). The company provides two dedicated product lines targeting different livestock sectors: Asparagopsis for Beef (reducing methane by 80%+ in feedlots) and Asparagopsis for Dairy (reducing methane by 40%+ in dairy herds). FutureFeed licenses the technology to global growers and has established the 'Farmed to Lower Methane' certification trademark for finished products.

Differentiator

Problem solved

Functional benefit

Brands

• Farmed to Lower Methane: Certified trademark for meat and dairy products from livestock fed Asparagopsis.

Products and services

• Asparagopsis Seaweed Feed Ingredient (IP Licensed) Asparagopsis seaweed (Asparagopsis taxiformis and Asparagopsis armata species) commercialised via IP licensing to growers and processors. Reduces enteric methane emissions by 80% or more in ruminant animals; available as a stabilised freeze-dried powder or steeped in edible oils (Asp-Oil). Bioactive compounds in the seaweed interrupt an enzyme in the cow's digestive process that produces methane.
• Asparagopsis for Beef Asparagopsis seaweed supplement specifically formulated for beef feedlot cattle, capable of reducing methane emissions by more than 80% in beef feedlot settings. Can be included as a stabilised dried powder or in edible oil. Improves feed conversion efficiency and reduces feed expenses.
• Asparagopsis for Dairy Asparagopsis seaweed supplement specifically formulated for dairy cattle, capable of reducing methane emissions by more than 40% in dairy settings. Can be included in total mixed ration (TMR) as a stabilised dried powder or via edible oils infused with Asparagopsis.
• Asp-Oil (Asparagopsis-Oil) Asparagopsis seaweed stabilised in edible oils (such as canola oil) for delivery to livestock. Bioactive compounds are stabilised in the oil, which is already common in cattle diets. The oil-based formulation has improved storage life in challenging conditions and has demonstrated methane reductions of up to 99% in beef feedlot studies.
• Farmed to Lower Methane Certification Trademark A certified trademark established by FutureFeed that appears on meat and dairy products from livestock fed Asparagopsis, providing consumers verification of lower methane production through the supply chain.

Quantifiable outcome

• Reduces enteric methane emissions by 80% or more in beef feedlot settings
• +4 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

23 partnerships are on record, tiered core, major, emerging and supporting.

• CSIROcoreStrategic or Co-development PartnerAustralia's national science research agency that developed the original Asparagopsis technology. Established FutureFeed to commercialise the discovery. Continues as investor and research partner.
• GrainCorpmajorStrategic or Co-development PartnerLeading agribusiness and food-ingredients processor. Feed businesses supply protein meals, grains and liquid feeds across Australia and NZ. Partner in MERiL pasture research trials.
• Sea ForestcoreOEM/ Whitelabel/ Licensing PartnerTasmanian aquaculture company and FutureFeed licensee. Developing world-class Asparagopsis cultivation methods through land and marine farming. Produces SEAFEED supplement. Earthshot Prize 2023 finalist.
• CH4 GlobalcoreOEM/ Whitelabel/ Licensing PartnerSouth Australian company and FutureFeed licensee. First to sell Asparagopsis commercially in mid-2022. Raised US$29 million Series B. Building EcoParks for terrestrial cultivation. Partners with Lotte for South Korea market.
• Blue Ocean BarnscoreOEM/ Whitelabel/ Licensing PartnerHawaiian-based FutureFeed licensee producing Brominata. Completed US$20M Series A (expanded by $8M). Operations in USA and Mexico. USDA organic certified. Targeting 100 million cattle in US within decade.
• Immersion GroupcoreOEM/ Whitelabel/ Licensing PartnerAustralian licensee with offshore and onshore Asparagopsis operations in Victoria and Western Australia. Cornerstone investment from Japan-based Nissui Corporation. Develops proprietary cultivation technology with high bromoform concentrations.
• SeaStockcoreOEM/ Whitelabel/ Licensing PartnerFirst Western Australian FutureFeed licensee. Won Louis Dreyfus Corporation Climate Resilience Prize. Hatchery and laboratory in Fremantle. Targets AUD$1.8M capital raise achieved. Focus on large-scale production facility.
• CleanEyre GlobalmajorOEM/ Whitelabel/ Licensing PartnerSouth Australian company based on Eyre Peninsula. Grew from oyster hatchery facilities. Team includes marine biologists specialising in algae. Focus on commercialisation, production and processing.
• SymbrosiamajorOEM/ Whitelabel/ Licensing PartnerUS market FutureFeed licensee. Three years of R&D and field trials before commercialisation. CEO Alexia Akbay named in Forbes 30 under 30 in social impact. Focus on US feedlot market with 26,000+ feedlots.
• Volta GreentechmajorOEM/ Whitelabel/ Licensing PartnerSwedish greentech company and first European FutureFeed licensee. Raised 1.7 million Euro. Preparing world's largest red seaweed factory. Lome brand achieving 80% methane reduction. UK government backing for methane-suppressing feed products.
• Proteus AgmajorOEM/ Whitelabel/ Licensing PartnerSubsidiary of Provectus Algae, established 2018. Focused on proprietary technologies and advanced photobioreactors to grow Asparagopsis. Based in Queensland, Australia.
• F&WemergingStrategic or Co-development PartnerSouth Korean start-up cultivating Asparagopsis in ocean. MOU signed for cultivation development. Collaborating with local farmers, government bodies, and research institutions. Ocean growing trials underway in Wando.
• Greener GrazingmajorStrategic or Co-development PartnerVietnam-based R&D company making scalable Asparagopsis seaweed farming a reality. MOU partner with FutureFeed for ocean growing development and supply. World-renowned seaweed experts including Dr Leonardo Mata and Dr Phil Kerrison.
• Fremantle SeaweedemergingStrategic or Co-development PartnerCultivation partner developing capacity to grow and produce Asparagopsis feed additives. Cultivates seaweed in pristine waters off Western Australia. Working toward commercial IP license.
• OrffamajorChannel Partner/ Reseller/ DistributorGlobal leader in animal nutrition, specialised in innovative feed solutions. Part of Marubeni Group. Exclusive long-term distribution partnership with Sea Forest for SEAFEED products in EU and selected countries worldwide.
• University of Western AustraliasupportingStrategic or Co-development PartnerResearch partnership with Immersion Group. University of Western Australia aquaculture expert Dr John Statton co-founded Immersion Group.
• University of MelbournesupportingStrategic or Co-development PartnerResearch partnership with Immersion Group established 2021.
• Deakin UniversitysupportingStrategic or Co-development PartnerResearch partnership with Immersion Group established 2022.
• University of QueenslandsupportingStrategic or Co-development PartnerResearch partner in MERiL program for pasture-based Asparagopsis trials. Co-author on peer-reviewed studies.
• Agriculture Victoria ServicessupportingStrategic or Co-development PartnerResearch partner in MERiL program. Paved the way for Asparagopsis-oil use on dairy farms with peer-reviewed studies.
• Cawthron InstitutesupportingStrategic or Co-development PartnerNew Zealand research partner for Immersion Group expansion into New Zealand. Refining production systems and post-harvest techniques.
• Australian Lot Feeders' Association (ALFA)OthersIndustry association membership supporting development of Asparagopsis feed additive industry.
• Fédération Internationale des Industries et du Commerce en Agriculture (FIAAA)OthersInternational industry association membership supporting development of Asparagopsis feed additive industry.

Scale indicators6 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• CH4 Global: South Australian Asparagopsis producer and FutureFeed licensee that launched the first commercial Asparagopsis product in 2022, raised a US$29M Series B, and is building EcoParks for terrestrial cultivation. It commercializes Asparagopsis feed to feedlots (e.g., Sandalwood) and retailers (e.g., Windsor Meats).
• Sea Forest: Tasmanian aquaculture company and FutureFeed licensee producing SEAFEED via land- and marine-based Asparagopsis cultivation. 2023 Earthshot Prize finalist and exclusive EU distributor partnership with Orffa.
• Volta Greentech: Swedish greentech company and first European FutureFeed licensee, marketing the Lome seaweed supplement with reported 80% methane reduction and building the world's largest planned red seaweed factory.
• dsm-firmenich (Bovaer / 3-NOP): Global animal nutrition leader commercializing 3-NOP/Bovaer, a synthetic methane-inhibiting feed additive already approved in the EU, Brazil and other jurisdictions. It is the most advanced direct alternative to FutureFeed's Asparagopsis approach for reducing enteric methane in ruminants.
• Symbrosia: US-based FutureFeed licensee focused on the 26,000+ US feedlot market after three years of R&D and field trials with Asparagopsis.
• Blue Ocean Barns: Hawaiian-based Asparagopsis producer and FutureFeed licensee that markets Brominata. Closed a US$20M+ Series A and is USDA organic certified, positioning to target the 100 million US cattle market.
• Mootral: Developer of a citrus and garlic-based natural feed supplement aimed at reducing enteric methane in cattle. It is one of the closest non-seaweed alternative technologies competing head-to-head with Asparagopsis for the methane-reduction feed market.

Broad incumbents

• Alltech: Global animal nutrition company producing feed ingredients, premixes and specialty additives across livestock species. Its broad portfolio and established distributor relationships position it as a competing commercialization channel for methane-reducing feed innovations.
• Elanco Animal Health: Large global animal health and nutrition company with a portfolio of feed additives, rumen modifiers and sustainability offerings for beef and dairy. It represents the incumbent channel and R&D muscle that new methane-reducing technologies must partner with or compete against.
• Cargill Animal Nutrition: One of the world's largest animal feed and nutrition businesses with extensive global reach into beef and dairy customers. It has its own methane-reduction initiatives and serves as both potential channel partner and competitor to Asparagopsis-based solutions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/future-feed-pty-ltd

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds4 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FutureFeed