Volta Greentech

The company develops and produces feed additives that can decrease cattle's methane production by up to 90%. Initially, the firm's product was a supplement called Volta Seafeed, derived from the red seaweed *Asparagopsis taxiformis*, which was cultivated in a land-based pilot facility in Lysekil, Sweden. More recently, Volta Greentech has developed a second-generation, algae-inspired additive named Lome™, which it reports is ten times more cost-effective and more scalable than its original algae-based product. The company has fully transitioned to this new additive, which is designed for seamless integration into standard agricultural practices and is expected to launch in the European market by 2026, pending regulatory approval.

Volta Greentech's business model involves supplying these additives to the beef and dairy industries and providing comprehensive emission-reduction services, including measurement, reporting, and verification to help clients meet sustainability targets. The company collaborates with the entire food value chain, from farmers to food companies and retailers, to create a market for climate-friendly products. Successful pilot programs have been conducted with major Swedish food companies and retailers like Coop, Axfood, and Orkla, leading to the sale of the world's first methane-reduced beef in stores. The business generates revenue by providing its additives and services, and it also compensates farmers for every verified ton of CO₂e reduced.

As of May 2024, the company has raised nearly 100 million SEK (approx. $9.21 million) in total funding. Its investors include prominent Swedish food companies such as the Axel Johnson Group and KFS, which collectively hold a significant share of the Swedish food retail market, alongside angel investors like Peter Carlsson, CEO of Northvolt.