Karma3’s vision of the future is one where food production is hyper-sustainable, local and nutritious.
The world is facing an existential problem, how are we going to feed a populated tipped to exceed 9 billion people by 2050? The UN is asking, the Gates’ are asking – but what is the answer? The answer is we actually currently produce enough food, in the form of crops, to feed 9.7 billion people. Alarmingly, however, we choose to feed 34% of these crops to livestock that go on to produce the meat and dairy the ever-expanding global middle-class lust for.
An alternative protein source for over 1 billion people around the globe has come from the sea, however our protein-habit has negatively impacted this ecosystem as well. Perhaps not surprisingly, feeding people is not the issue – the oceans can feed 9b or more people as it currently stands, so what gives? The issue of overfishing is actually another root-problem of our thirst for mass-produced livestock. Wild-caught fish are turned into fishmeal, largely to feed livestock and farmed-fish. The current Fish-in-fish-out (FIFO) ratio is a wasteful 1:1.22 with the UN predicting by 2048 we will run out of wild fish altogether.
The need to find an alternative protein source to feed animals and humans has never been more urgent. Lab-grown meat, meat-free meat and radical veganism are some alternatives that are gaining popularity, however consumer demand is still skewed towards traditional protein sources and, to make a real impact, a solution is required that can seamlessly fit into the current food production system. We believe that solution to be insect protein.
Karma3 has developed technology required to scale production of a species of insect called the Black Soldier Fly (BSF). Nutritionally, their larvae resemble fishmeal made from Herring. Equally as important to our process is our ability process pre-consumer food waste and use it as a feedstock for our larvae.
One third of all food produced globally ends up in the bin and is responsible for producing some ~70b tonnes of greenhouse gases annually. Karma3 sees an tremendous opportunity in food waste.. Using BSF larvae to recycle the nutrients, ordinarily discarded in food waste, Karma3 helps to reduce greenhouse gas emissions as well as reduce the pressure on the food system as the global appetite for meat continues to climb.
These problems are not confined to one country or continent and as such, Karma3’s factories are designed for rapid deployment. Our technology can benefit any geographic location or economy. By harnessing insects to reclaim some of the 30% of food that is wasted annually and introducing them back into the food chain, Karma3 has the potential to positively impact the future of our planet/s.
In order to achieve our vision of the future we have created a Masterplan for the coming years:
1. Develop a system to rear Black Soldier Flies in total captivity, using nutrients reclaimed from food waste to achieve a nutritionally competitive output
2. Find or develop high-value markets where all of our outputs are compelling for customers to buy
3. Offer a competitive food waste collections service to ensure Karma3 factories are it’s preferred destination
4. Deploy Karma3 facilities as rapidly as possible around the world in order to tackle increasing pressure on the planet and it’s resources – each factory being underpinned by a sound economic strategy to ensure sustainability both environmentally and fiscally
5. Begin diverting a portion of each factory’s output to replacing soymeal/fishmeal in local livestock diets
We look forward to creating a better future together.
James Sackl, CEO – Karma3