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Agronomics Limited - Liberation Labs Announce Manufacturing Partnership
DOUGLAS, ISLE OF MAN / ACCESS Newswire / May 8, 2025 / Agronomics (LSE:ANIC), a leading listed company in the field of clean food, is delighted to announce that its portfolio company, Liberation Labs Holdings Inc. ("Liberation Labs") has announced ...
About this update from Agronomics Limited
[{"type":"text","content":"DOUGLAS, ISLE OF MAN / ACCESS Newswire / May 8, 2025 / Agronomics (LSE:ANIC), a leading listed company in the field of clean food, is delighted to announce that its portfolio company, Liberation Labs Holdings Inc. ("Liberation Labs") has announced a manufacturing partnership with Dutch ingredients startup Vivici ("Vivici").","length":345,"tagName":"p"},{"type":"text","content":"Jim Mellon, Executive Chair of Agronomics, said: "Global protein demand is outstripping supply, and there is a growing need from food companies to invest in alternatives which are scalable and sustainable. Companies like Vivici, which have received full FDA approval in the US and have strong financial backing, are ideal partners. Liberation Labs has made tremendous commercial strides in 2025, as it establishes itself as the global partner in commercialising bioproducts, from foods to materials and more. On the back of the fundraise announced at the start of the year, the signing of the first commercial contract is a significant step from Mark and the team in the successful execution of the company's commercial strategy."","length":744,"tagName":"p"},{"type":"text","content":"To date, Agronomics has invested a total of US$ 27 million (c.£21.9 million) in Liberation Labs which, subject to audit, is currently carried at £34.1 million. This position represents c.23% of Agronomics' last stated Net Asset Value as at 31 December 2024.","length":261,"tagName":"p"},{"type":"text","content":"The full announcement is set out below without any material changes","length":67,"tagName":"p"},{"type":"text","content":"RICHMOND, Ind. (May 7, 2025) Liberation Labs today announced a manufacturing partnership with Dutch ingredients startup Vivici. Liberation Labs will produce Vivici's flagship ingredient, ViviteinTM BLG, at its Richmond, Indiana facility when commercial production begins in 2026.","length":283,"tagName":"p"},{"type":"text","content":"The New Standard of Protein, Vivitein™ BLG is a dairy protein (beta-lactoglobulin) produced through precision fermentation enabling B2B customers to launch disruptive, differentiated and better overall products to consumers in the US market. These include clear water-based protein drinks with innovative flavors, clean protein powders with superior muscle-building performance and rapid abs...