Checkerspot and AAK forge alliance to revolutionize plant-based fats and oils sector
In a significant move towards sustainability and innovation, Checkerspot, Inc., a pioneering biotechnology company recognized for its renewable oils derived from microalgae fermentation, and AAK AB, a global leader in plant-based fats and oils, have officially announced a joint development agreement. This groundbreaking partnership aims to develop, scale, and bring to the market an alternative source of structuring fats and oils, addressing the growing consumer and global brand demand for new plant-based options.
At the forefront of this industry-defining collaboration is the commitment to overcoming the prevalent challenge of developing new fats and oils that are scalable, provide a unique consumer experience, and are resilient against the impacts of climate change. The synergy between Checkerspot’s expertise in microalgae fermentation and AAK’s global standing in plant-based oils and fats production sets the stage for an innovative venture into alternative, functional, and sustainable solutions.
Kim Olofsson, the Global Head of R&D at AAK, lauds Checkerspot for its exceptional portfolio of unique oils and its leading position in microalgae technology. Olofsson emphasizes the alignment of this collaboration with AAK’s dedication to offering value-added and sustainable solutions to its partners. AAK’s pledge to sustainability is evident in its initiatives for Better Sourcing, Better Operations, and Better Solutions, actively facilitating the shift from fossil-based and animal-based materials to plant-based alternatives.
Scott Franklin, Co-founder and Chief Science Officer at Checkerspot, highlights the importance of strategic partnerships in bringing new solutions to market. Checkerspot’s ability to identify, develop, and scale microalgae strains into market-ready, cost-effective solutions exemplifies its commitment to positively impacting both people and the planet.
As consumers and brands alike continue to seek out planet-friendly products, the partnership between Checkerspot and AAK represents a significant leap forward in the plant-based fats and oils sector. This alliance not only underscores the importance of innovation and sustainability in meeting consumer demands but also sets a new benchmark for the industry’s future.
This joint development agreement between Checkerspot and AAK marks a pivotal moment in the quest for sustainable alternatives in the fats and oils industry. By leveraging Checkerspot’s innovative approach to microalgae fermentation and AAK’s extensive expertise in plant-based fats and oils, this partnership is poised to introduce breakthrough solutions that cater to the evolving needs of consumers and industries. As the world gravitates more towards sustainability, such collaborations are essential in paving the way for environmentally friendly and economically viable alternatives.