What Kiverdi does

Kiverdi is a private biotechnology company founded in 2008 and headquartered in Pleasanton, California, that develops carbon transformation technology to convert CO2 and other carbon-based waste streams into bio-based products. Its proprietary platform is built on NASA-inspired research from the 1960s using hydrogenotrophs — single-cell microorganisms that metabolize gases (CO2, hydrogen) into food, feed, and material outputs through bio-catalytic gasification processes. The company has organized its offerings into five sub-brands: Air Protein (a wholly-owned subsidiary producing meat alternatives from air/CO2), CO2 Aquafeed (sustainable aquaculture feed replacing wild-caught fishmeal), Revive Soil (organic crop nutrients), Reverse Plastics (gasification of plastic waste into biodegradable polymers), and Custom Cycle (partner-specific closed-loop systems). The underlying technology is protected by 50+ granted or pending patents and was developed in collaboration with Lawrence Berkeley National Laboratory and SRI International.

Kiverdi's commercial model is enterprise B2B, monetizing through custom solution design and installation, technology licensing/royalty arrangements, and product sales (via Air Protein). GTM is heavily anchored on enterprise partnerships with major consumer goods and agribusiness companies rather than distributed sales — notably a collaboration with Procter & Gamble (extended under an EU Grant in February 2024), a Strategic Development Agreement with ADM (via Air Protein), and a development partnership with Nutreco in aquaculture. The company has historically relied on non-dilutive government funding (California Energy Commission $747K in 2012; US DOE BETO $2M; multiple state and international programs) and the $32 million raised by its Air Protein subsidiary in 2021 to advance R&D and pilot scale-up.

The company serves four primary verticals: consumer goods manufacturers (P&G/Fater addressing fabric, home, and beauty care raw materials), the aquaculture industry (replacing 15 million tons of annual wild fish demand for fishmeal), agriculture (organic crop nutrients and soil health), and the plastics/packaging industry (biodegradable materials from plastic waste). Operating geographies include the US (with R&D in California and operations noted in Iowa), Canada, and the EU. Headcount is in the 11–50 range.

Name

Kiverdi

Legal name

Kiverdi, Inc.

Website

https://kiverdi.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Kiverdi is a Pleasanton, California-based biotechnology company that uses NASA-inspired hydrogenotroph bio-catalysts to convert CO2 and carbon waste into proteins, aquaculture feed, crop nutrients, and biodegradable polymers, serving enterprise customers across consumer goods, aquaculture, agriculture, and plastics.

Ownership category

akta.pro rank

Product category

Carbon Transformation Technology

NAICS

Petrochemical Manufacturing (32511), Petrochemical Manufacturing (325110)

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

E‑Fuels & Synthetic Hydrocarbons (e‑kerosene, e‑diesel, e‑gasoline, e‑methane) (EUABAIAA)

akta.pro secondary industries

Bio-based Carbon Products & Advanced Bioproducts (Biochar, activated carbon, carbon black alternatives) (EUAAAIAM), Bio-based Platform & Commodity Chemicals (e.g., bio-ethylene, bio-propylene, bio-BTX, bio-methanol) (EUAAAIAA), Biochar, Activated Carbon & Soil Amendments (from forest biomass) (IMAMALAH)

Keywords

• Carbon transformation technology
• Biotechnology manufacturing
• Sustainable protein production
• Plastic waste conversion
• Circular economy solutions

Headquarters

HQ city

Hayward

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Cycle Solutions: Kiverdi generates revenue by working with partners to create customized closed-loop systems that convert their carbon waste into new products. They design, install, and implement custom solutions integrated into existing production processes.
2. Licensing of Carbon Transformation Technology: Technology licensing and royalty arrangements with partners deploying CO2 biotechnology in various industries including fabric care, home care, beauty care, and food production.
3. Product Sales (via Subsidiary Air Protein): Through subsidiary Air Protein, the company produces and sells sustainable protein products created from air and CO2 for food and feed applications.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Kiverdi operates a carbon transformation technology platform that converts CO2 and other carbon-based waste materials into valuable bio-based products using NASA-inspired hydrogenotroph bio-catalyst processes. Its commercial offerings include Air Protein (meat alternatives from CO2), CO2 Aquafeed (sustainable aquaculture feed), Revive Soil (organic crop nutrients), Reverse Plastics (biodegradable polymers from plastic waste), and Custom Cycle (tailored closed-loop systems integrated into partner supply chains).

Product overview

Kiverdi is a carbon transformation technology company offering multiple commercial solutions built on NASA-inspired technology. The portfolio includes Air Protein (a subsidiary creating meat alternatives from CO2), CO2 Aquafeed (sustainable fish feed), Revive Soil (organic crop nutrients), Reverse Plastics (plastic-to-biodegradable materials conversion), and Custom Cycle (customizable closed-loop systems for partners). The company transforms carbon materials into fundamental elements and rebuilds them into bio-based products through proprietary bio-catalyst processes.

Differentiator

Problem solved

Functional benefit

Brands

• Air Protein: Sustainable protein food products created from air/CO2 - meat alternatives made through carbon transformation technology
• CO2 Aquafeed
• Revive Soil
• Reverse Plastics
• Custom Cycle

Products and services

• Air Protein A Kiverdi subsidiary that creates sustainable protein (meat alternatives) from CO2 using NASA-inspired hydrogenotroph bio-catalysts, targeting the food and feed industry.
• CO2 Aquafeed Sustainable fish feed produced through carbon capture and bio-catalytic conversion, nutritionally comparable to fishmeal without depleting wild fish populations; targets the aquaculture industry.
• Revive Soil Organic crop nutrients produced via CO2 transformation that improve yields, build drought resilience, and return organic carbon to depleted soils; targets farmers and agricultural operations.
• Reverse Plastics Circular technology that transforms plastic waste into biodegradable polymers for packaging, bottles and bags via gasification and bio-catalysis; targets plastics and packaging companies.
• Custom Cycle Custom closed-loop systems designed and integrated into partner production lines, converting diverse carbon-based inputs (plastics, textiles, carpets, diapers) into bio-polymers, oils, and organic crop nutrients; targets enterprise manufacturers.

Quantifiable outcome

• 10,000x less land required compared to soy protein production
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and major.

• Procter & GamblecoreStrategic or Co-development Partner · 7 February 2024Extended collaboration with P&G under EU Grant to accelerate sustainable fabric care, home care, and beauty care innovation. The partnership aims to reshape industries by creating sustainable raw materials and establishing net-zero supply chains using CO2 biotechnology.
• ADM (Archer Daniels Midland)coreStrategic or Co-development PartnerStrategic Development Agreement with Air Protein (Kiverdi subsidiary) to accelerate scale-up and commercialization of high-nutrition protein from air and CO2. Partnership helps customers achieve Scope 3 emissions reduction targets.
• NutrecocoreStrategic or Co-development PartnerPartnership to develop CO2 aquafeed solutions for aquaculture sector. Capturing carbon for the aquafeed sector to provide sustainable alternative to wild-caught fishmeal.
• Fater (P&G Joint Venture)majorStrategic or Co-development PartnerPartnership with Fater, a Proctor and Gamble company, to advance the circular economy through carbon transformation technology for fabric and home care products.
• Lawrence Berkeley National LaboratorycoreTechnology or IntegrationR&D partnership for development of carbon transformation technology. Kiverdi is an industrial user of the US Department of Energy's Molecular Foundry facility at Lawrence Berkeley National Lab.
• SRI InternationalcoreTechnology or IntegrationTechnology development partnership for NASA's carbon transformation biotechnology. SRI International collaborated with Kiverdi to develop and advance the technology.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• LanzaTech: LanzaTech operates a gas fermentation platform using acetogenic microbes to convert CO, CO2, and industrial waste gases into fuels and chemicals — directly analogous to Kiverdi's hydrogenotroph-based CO2-to-product approach, and one of the most comparable carbon transformation companies at commercial scale.
• Air Protein (Kiverdi subsidiary): Wholly-owned Kiverdi subsidiary producing meat alternatives from CO2 via hydrogenotrophic fermentation. Closest direct analog to other CO2-to-protein players such as Solar Foods and NovoNutrients.
• Solar Foods: Finnish company producing protein (Solein) from CO2, water, and renewable electricity using gas fermentation. Shares Kiverdi's CO2-to-food premise and is a leading alternative protein competitor via Air Protein.
• NovoNutrients: Develops microbial protein for aquafeed from industrial CO2 emissions using hydrogen-oxidizing bacteria, directly comparable to Kiverdi's CO2 Aquafeed offering for the aquaculture market.
• Calysta: Produces FeedKind protein for aquaculture and animal feed via methane-oxidizing microbes. Closely comparable to Kiverdi's CO2 Aquafeed in targeting sustainable fishmeal replacement.
• Carbios: French biotech developing enzymatic biorecycling of PET plastics into monomers for new bioplastics. Comparable to Kiverdi's Reverse Plastics in addressing plastic waste via bio-based conversion.

Broad incumbents

• NatureWorks: Global leader in biopolymers (Ingeo PLA) made from renewable plant sugars. A broader incumbent in the bio-based plastics space that competes conceptually with Kiverdi's Reverse Plastics and Custom Cycle offerings.
• Danimer Scientific: Producer of Nodax PHA-based biodegradable bioplastics used in packaging and consumer goods. Adjacent to Kiverdi's Reverse Plastics and Custom Cycle in replacing conventional plastics with biodegradable alternatives.

Emerging players

• Ginkgo Bioworks: Synthetic biology platform company programming microbes for industrial applications including CO2 utilization. Overlaps with Kiverdi's bio-catalyst engineering capabilities and partnership-driven GTM model.
• Carbon Clean Solutions (CarbonCapture Inc.): Industrial-scale carbon capture and CO2 utilization technology provider. Comparable in addressing CO2 as a feedstock/value stream, though focused more on capture hardware than Kiverdi's downstream bio-catalyst products.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/kiverdi
• LinkedInlinkedin.com/company/kiverdi-inc-

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors3 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 Kiverdi