Dealflow | January 9, 2025

Wavemaker Impact backs Indonesia’s HiFeed to reduce methane emissions from cattle

Lucy Ngige
ImpactAlpha Editor

Lucy Ngige

A single cow releases up to 260 pounds of methane per year, simply by eating and digesting. That adds up to more than 230 billion pounds of the potent greenhouse gas globally. HiFeed makes easy-to-digest cattle feed-pellets that reduce enteric fermentation, the process that produces methane in ruminants such as cows.

The company also captures carbon, which is utilized in feed manufacturing. Wavemaker Impact, the venture building arm of Southeast Asia-focused climatech investor Wavemaker Partners, led HiFeed’s pre-seed round.

Wavemaker had landed an undisclosed amount from British International Investment in 2023 for its debut fund, to back companies it believes will cut 10% of global emissions by 2035. Methane accounts for half of the planet’s 1.1°C global temperature rise since pre-Industrial times.