The United Soybean Board, in partnership with The Yield Lab Institute, is proud to announce Satavie as the winner of the 2022 Soy Innovation Challenge. The Challenge called on entrepreneurs, innovators, startups and research teams to bring new ways to advance soybean meal use and demand in existing markets.
Satavie was selected out of nearly 80 applicants from around the world for their approach to extract concentrated soy protein from soybean meal. Their method ensures high levels of digestibility, improved nutrient absorption, and increased feed conversion rates ideal for swine, poultry and aquaculture feed. As the winner, the company received $100,000 courtesy of the United Soybean Board and $5,000 of in-kind technical services and credits from Amazon Web Services.
“The impact for the soy industry is enormous. Our water extraction patented technique leads to better health outcomes, overall growth and improved meat quality. It ultimately aids in digestion early on in animal diets to nutritionally set them up for success,” said Satavie President Lasse Jakobsen. “This innovation expands market opportunities and opens up new sectors for U.S. soybean farmers.”
The Soy Innovation Challenge discovers new ways to utilize and add value to U.S. soybeans. This year’s contest focuses on strengthening soybean meal markets, as the supply of soybean meal continues to increase. This is primarily due to growing demand for soybean oil used as a feedstock for renewable energy.
About United Soybean Board: United Soybean Board’s 77 volunteer farmer-leaders work on behalf of all U.S. soybean farmers to achieve maximum value for their soy checkoff investments. These volunteers create value by investing in research, education and promotion with the vision to deliver sustainable soy solutions to every life, every day across the three priority areas of Infrastructure & Connectivity, Health & Nutrition, and Innovation & Technology. As stipulated in the federal Soybean Promotion, Research and Consumer Information Act, the USDA Agricultural Marketing Service has oversight responsibilities for USB and the soy checkoff. For more information on the United Soybean Board, visit unitedsoybean.org.
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