Symrise today announced a strategic equity investment in Bond Pet Foods, a U.S.-based biotechnology company that uses precision fermentation to produce animal-identical proteins complementing the existing pet food portfolio of Symrise. The partnership supports Symrise’s ambition to develop biotech-enabled ingredients that work better for pets and the planet, strengthening the long-term competitiveness and sustainability leadership of Symrise Pet Food.
With this partnership, Symrise will leverage Bond Pet Foods’ technology to help address key industry challenges, including supply-chain continuity and growing consumer demand for sustainable products that diversify the source of pet food ingredients. For pet food manufacturers, the collaboration aims to broaden access to high-quality proteins while supporting resilience and responsible sourcing.
“This investment marks an important step in advancing our strategy to develop next-generation sustainable ingredients with biotechnology. By combining Bond’s fermentation capabilities with Symrise’s application expertise and market insight, we can deliver high-performance nutrition solutions and create new growth opportunities for our customers,” said Diego Maurizio, General Manager, Palatability & Nutrition Business Line at Symrise.
Founded in 2017, Bond Pet Foods develops animal-identical proteins for pet nutrition using precision fermentation. The company has progressed its platform through several development agreements, building expertise in bringing novel protein ingredients toward real-world application.
“We have put great effort into building a new way to produce animal-identical proteins for pet food applications. Now, we find it exciting to see that work gaining traction across the industry", said Rich Kelleman, CEO of Bond Pet Foods. "Partnering with Symrise marks an important step forward bringing their deep expertise in pet nutrition and taste to further expand how our ingredients perform and can be used by pet food manufacturers,”
"This investment advances our ambition to scale biotechnology across our business. With this, we aim at effectively supporting long-term resilience, portfolio diversification, and a stronger innovation pipeline", says Walter Ribeiro, President Taste, Nutrition & Health at Symrise. "By helping our customers develop more sustainable pet food formulations, the collaboration reinforces Symrise’s sustainability commitments and consumer-driven innovation strategy."
About Bond Pet Foods:
Bond Pet Foods is a Boulder, Colorado-based company using precision fermentation to produce animal-identical proteins for the pet food industry. By combining yeast fermentation with food science, Bond creates high-quality animal-identical proteins that meet the nutritional needs of dogs and cats, while supporting a more sustainable and resilient food system.
Bond supplies these ingredients to pet food manufacturers for use in food, treat, and supplement applications.
The company’s investors include leading funds and organizations across the biotechnology, ingredient, and pet nutrition sectors, including Genoa Ventures, Lever VC, ADM Ventures, Cavallo Ventures (Wilbur-Ellis), Agronomics, Thia Ventures, KBW Ventures, iSelect Fund, Stage 1 Fund, Plug and Play Ventures and Symrise North America.
