Provectus Algae, an Australian synthetic biology company pioneering climate-smart algae-based products, has raised US$10.1 million in Series A funding alongside AU$2.5 million in federal grants to accelerate the scale-up of its methane-reducing livestock supplement, Surf’N’Turf. The financing round, led by deep tech and climate-focused investor At One Ventures, signals growing investor confidence in biotechnology solutions aimed at decarbonizing animal agriculture.

The funding will enable Provectus to scale its proprietary Precision Photosynthesis platform to manufacture high-yield algae strains for livestock feed applications. Surf’N’Turf, the company’s flagship product, is an algae-derived supplement designed to reduce methane emissions from ruminants, primarily cattle, by improving digestion and modulating microbial activity during enteric fermentation. Initial results have shown promise in significantly lowering emissions while maintaining or enhancing animal productivity.

With this investment, Provectus plans to conduct what is expected to be the world’s largest pilot trials for methane mitigation in cattle. The trials will be conducted in partnership with Mort & Co, one of Australia’s largest cattle lot feeders, as part of a broader strategy to validate both environmental benefits and feed efficiency outcomes at commercial scale.

Alongside At One Ventures, the funding round drew participation from Methane Mitigation, Mort & Co, Hitachi Ventures, and several existing investors. As part of the deal, At One Ventures founding partner Tom Chi has joined Provectus’s board of directors, bringing further technical depth and strategic focus to the company’s growth agenda.

The AU$2.5 million grant, awarded through the Australian Government’s Industry Growth Program, will support commercial deployment and expand manufacturing capabilities, reinforcing Provectus’s position in Australia’s growing bioindustrial ecosystem. The funding also supports the government’s broader goals of climate action and advanced manufacturing through the development of novel biotechnologies with export potential.

Provectus’s technology platform leverages AI-enabled control systems to fine-tune light, carbon, and nutrient inputs for optimized algal growth—delivering tailored strains that meet the specific needs of industrial partners. This scalable, programmable approach to algae cultivation is increasingly being viewed as a transformative enabler in low-emission agriculture, pharmaceuticals, and carbon-negative materials.

As governments and agribusinesses intensify efforts to meet emissions targets, methane mitigation in livestock has emerged as a critical frontier. With Surf’N’Turf, Provectus Algae is positioning itself at the intersection of animal nutrition and climate innovation, offering a viable pathway to reduce greenhouse gases in one of the world’s most emissions-intensive sectors.