Hong Kong start-up Geb Impact looks to scale up microalgae cultivation
Hong Kong biotech start-up Geb Impact Technology is eyeing the rapidly growing plant-based food market as a sustainable supplier of microalgae-based protein to food manufacturers.
As leading plant-based food producers, such as Beyond Meat and Impossible Foods, continue to benefit from increasing consumer demand, Geb Impact sees an opportunity to supply the sustainable ingredient made from microalgae.
“We are able to produce that protein sustainably, so if we become the supplier [for food manufacturers] in terms of that protein, there is no limit to how much they can produce,” said James Chang, founder and chief executive of Geb Impact.