Oberon FMR Inc., an Aurora, Colo.-based developer of technology for producing a fish meal replacement, has raised an undisclosed amount of Series B funding. The deal was placed by Capstone Partners.
Oberon FMR, Inc. has developed proprietary technology capable of producing a cost-effective, sustainably produced protein meal. Oberon’s product serves as a fish meal replacement (FMR) or additive ingredient for animal feeds, primarily those destined for the aquaculture industry. Oberon has developed the only known sustainable process for generating high quality single cell protein (SCP) meal from by-products contained in the wastewater treatment streams generated by food and beverage manufacturers.