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Deep Branch

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Single-cell protein from industrial carbon emissions

Geleen, NetherlandsFounded 2018Energy
Valuation $25–50M Last recorded · 2021
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Deep Branch and the history behind them.

About Deep Branch

Deep Branch, which now operates as Aerbio following a buyout in 2024, is a biotechnology company that converts captured carbon dioxide into high-value protein for animal feed. The company was founded in 2018 by Peter Rowe, Rob Mansfield, and Bart Pander, who met during their PhD studies at the University of Nottingham, where they specialized in gas fermentation. Rowe, the CEO, has a background in molecular microbiology and has worked in both technical and commercial roles in biotechnology.

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The company's core technology utilizes a gas fermentation process where microbes are fed carbon dioxide from industrial emissions and hydrogen as a clean energy source. This process cultivates microorganisms in a bioreactor, which are then harvested and dried into a powder called Proton™. Proton™ is a single-cell protein with a protein content of around 70%, comparable to high-quality fishmeal, a standard in aquaculture feed. The business model focuses on co-locating its production facilities with industrial partners that generate large volumes of CO2, such as power stations, creating a circular economy approach. By using industrial emissions as a feedstock, the company provides a sustainable alternative to conventional animal feed proteins like soy and fishmeal, which are linked to deforestation and overfishing.

Deep Branch serves the animal feed industry, with a primary focus on the aquaculture and poultry markets. It has established partnerships with major feed producers like BioMar and AB Agri to develop and test Proton™-based feed formulations for salmon and chickens. The company has received significant funding, including a Series A round of €8 million led by Novo Holdings and DSM Venturing, and multiple grants from Innovate UK and the European Innovation Council. Deep Branch operates a pilot facility at the Brightlands Chemelot Campus in the Netherlands and has conducted trials with industrial partners like Drax Power Group in the UK and OCAP in the Port of Rotterdam. The acquisition by Aerbio in 2024, with the original management team largely remaining, is intended to further scale the technology and commercialize Proton™.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2018
Headquarters
Geleen, Netherlands
Employees
6
Open positions
None listed
Dealroom signal
59.1/100
Sub-industry
Waste Solution, Innovative Food
Sector
Energy, Recycling, Farming, Biotechnology, Cellular, Synthetic Biology, Waste Reduction, Alternative Protein, Sustainable Development Goals, EIC
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Aug 2024 $0 — Aerbio ↗
SERIES A✓Equity / VC Mar 2021 $8.8M $35M Novo Holdings · Barclays · TotalEnergies Carbon Neutrality Ventures · DSM Venturing ↗
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Deep Branch website traffic

Latest recorded traffic for Deep Branch is 280 monthly website visits, down 48.1% over the last three months. Deep Branch's team grew 0% over the past year.

Latest monthly visits280 3-month web change-48.1% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • European Innovation Council
  • United Kingdom Department For Business and Trade
  • UK Department for Business and Trade

Series A4 investors entered at this stage

  • Novo Holdings
  • DSM Venturing
  • Barclays
  • TotalEnergies Carbon Neutrality Ventures

Other known investors2 additional known investors

  • Aerbio
  • StartLife
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇳🇱 Netherlands66.7%
🇩🇰 Denmark33.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Deep Branch on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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