Enabling healthier, sustainable aquafeeds

Single Cell Protein

• Pro’s “Brewing protein”• High degree of control, consistency, small

footprint• Physiological diversity

• Cons• Not particularly well accepted by the market

(yet) – unproven: scale, sales

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Founded in 2013

Located in the metro Boston area

Commercializing responsible single cell protein for aquafeeds

First commercial product ready late 2017

KnipBio Snapshot

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KnipBio

Meal (KBM)

High-quality non-fishmeal protein PLUS nutrients to improve health

Massive volumes, markets = commodity Smaller volumes, specialty pricing

Specialty

moleculesProtein

KnipBio’s Immuno-Nutrition Strategy

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Compatibility With an Existing Biorefinery

Opportunities for KBM

• Beer

• Various cuts of hydrous ethanol,

fusel oils

• Syrup / thin stillage

• Blended/complement DDGS

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Upgrading the Protein Value Chain

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Product

Protein Value /bushel

~10%

~30%

~45%

~70%

Corn

DDGS

Yeast

KBM

~$5.50

~$8.50+

~$3.50

Linking Synthetic Biology w/Aquaculture

First of kind technologyUnique & broad IP coverage

Demonstration of KnipBio’s versatile platform

Biological taurine may be advantaged:

Bio-availability, lower leaching in water

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As critical nutrients are lost in fishmeal-free diets, our “smart” protein platform can help.

Carotenoid Technology Creates High Value

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% Ingredient Cost of Feed Pellet

Protein Oil Carotenoids Vitamins, Fillers, other

Engineering carotenoids

Demonstrating a Novel Protein

Diet Growth (g) Survival FCR

Control 709.79 ± 146.05 A 100 1.76

KnipBio

(5%)739.43 ± 110.42 A 100 1.66

>70 panelists could NOT

detect a taste difference

From “Feed to Fork” – Kampachi, a sashimi yellowtail

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Commitment to the Future

KnipBio will partner with thought leaders of today to help guidea responsible tomorrow

United Nations’ Sustainable Development Goal (SDG) 14To “conserve and sustainably use the oceans, seas and marine resources for sustainabledevelopment.”

KnipBio commits to: • Produce >40,000MT of non-fishmeal based protein for aquafeeds

• Educational outreach

• Promote ocean advocacy

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Marketing Challenges Ahead:

Highly fractured, immature market

Myths around farm-raised fish “GMO”

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www.knipbio.com

@knipbio facebook.com/knipbio

Larry Feinberg, PhD

CEO

Enabling healthier, sustainable aquafeeds