West Australian climate technology company Rumin8 has announced it has received $7 million in investment backing from domestic and international climate impact funds.
Rumin8’s lead product claims to replicate the methane reductions of red seaweed (Asparagopsis), but instead of harvesting from the marine ecosystem, the plant’s “methane busting bioactive” is manufactured and transformed into a scalable, stable feed supplement in Rumin8’s quality-controlled laboratories.
US-based Prelude Ventures and the Aware Super Sentient WA Growth Fund managed by Australian-based Sentient…