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GC Lipid
Harnessing the power of microalgae as biofactories for the sustainable production of key metabolites
About GC Lipid
GC Lipid, now operating as SEVO Bioscience, is a biotechnology company focused on creating sustainable solutions for the aquaculture feed industry. The company was co-founded by CEO Brandon Serrasan and CSO Dylan Deska-Gauthier. Their journey began at the District 3 accelerator in 2020, progressing through the Validation, Launch, and Grow programs, which provided crucial support in developing their business plan and connecting with industry partners.
The core of the company's business is to address the unsustainable practice of using wild-caught fish for fishmeal and fish oil in aquaculture. Approximately 25% of all wild-caught fish are used for this purpose, putting significant strain on marine ecosystems. GC Lipid's solution is a superior-quality fish feed derived from genetically engineered microalgae. This approach aims to replace traditional fishmeal, thereby reducing overfishing and its ecological impact. The company operates in the cleantech and biotech sectors, specifically targeting aquaculture farms as its primary clients.
The company's technology is rooted in synthetic biology. By re-engineering the natural metabolic pathways in microalgae, they can produce a commercially viable and sustainable supply of lipids essential for fish health and, ultimately, human health. The scientific focus involves creating a diverse portfolio of genetically engineered microalgae strains. This allows them to tailor the feed's nutritional profile to the specific dietary requirements of different fish species, opening up various market segments. A significant part of their development process involves scaling up production from the lab to industrially relevant quantities, for which they leverage partnerships with contract manufacturing organizations (CMOs) to access the necessary facilities and expertise.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Montreal, Canada
- Employees
- 3
- Open positions
- None listed
- Dealroom signal
- 39.9/100
- Industry
- Food, Chemicals
- Sub-industry
- Innovative Food
- Sector
- Food, Biotechnology, Algae, Blue Economy, Blue Biotechnology, Alternative Fats and Oils, nt
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Mar 2023 | $15K | — | Québec Tech | — |
| GRANTOther financing | Oct 2021 | $0 | — | Ocean Startup Project | ↗ |
Growth signals
Latest recorded traffic for GC Lipid is 390 monthly website visits, down 13.3% over the last three months. GC Lipid's team declined 50% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Ocean Startup Project
Québec Tech
Other known investors2 additional known investors
Cycle Momentum
District 3 Innovation
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about GC Lipid 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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