
Biobuu
Organic waste conversion into high-protein animal feed.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
* | $200k | Seed | |
Total Funding | 000k |
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BioBuu is a waste-to-value company operating in East Africa that converts organic waste into high-protein animal feed and organic compost. Founded in 2016 by Kigen Compton and Matthew Haden, the company utilizes Black Soldier Fly larvae to process food waste, tackling challenges of food security, waste management, and climate change. Kigen Compton, the CEO, holds a Master of Science in Project Management and Operational Development, which has informed the company's scalable factory model.
The company's core business involves collecting organic waste from sources like municipalities, factories, and local markets, which is then consumed by the larvae. This bioconversion process results in two primary products: a protein-rich feed for poultry, fish, and pets, and a nutrient-dense organic fertilizer that improves soil health for farmers. BioBuu's products are sold as a more affordable alternative to traditional animal feeds, with insect protein costing 30-60% less than fishmeal. For instance, its 'Kuku Bonge' poultry feed contains 48.9% protein and 26% fat.
BioBuu's business model is built on multiple revenue streams, including waste collection fees, sales of its feed and compost products, and the generation of carbon credits. The company operates factories in Tanzania and Kenya and is implementing a decentralized model with modular factories to reduce transport emissions and create local jobs. Having secured grant and seed funding from various investors, including Catalyst Fund and GIIG Africa, BioBuu plans to expand its production capabilities and export its insect protein.
Keywords: waste-to-value, insect protein, black soldier fly, organic waste recycling, circular economy, animal feed, organic fertilizer, sustainable agriculture, waste management, cleantech