Dic 2022
microTERRA Investors,
First and foremost, on behalf of the entire microTERRA team, we wish you happy holidays and an amazing New Year 2023! A lot happened in December, and we are very happy to share the below update with you, but first a brief recap of 2022.
Impact: water cleaned this year 59,259.26 m3**, equivalent to the yearly water consumption of 54,118 persons.**
Management Team: We consolidated a super-talented and mission-driven management team!
Production: 7x expanded user market size, we learned how to produce lemna with biodigester effluents and hydroponic greenhouses water.
IP: Our proprietary microbial consortia, enabled higher yield in the field 260 g/m²/day
Desirability: We found the pain point of the texturizer industry, together with the success case of citrus fiber, and after talking to 50+ customers we decided to adapt our final product.
Product development: We are able to extract high-quality pectin from Lemna to produce a functional fiber for the food industry.
Business: We have our first MVP, we already tested our product in final applications (e.g. Jam), and we were amazed by its performance. This is huge, finally the result of our vision, transforming water pollution into a great functional ingredient!!!
Last but not least, this year, we were named Impact 100 by Norsken, and Technology Pioneers by the World Economic Forum.