Investment
Uluu secures $16 M to scale seaweed-based plastic alternative
Uluu has raised AUD $16 million in Series A funding to develop a demonstration plant and expand its innovative seaweed-based material technology. The funding round was led by Burda Principal Investments, a German growth investor, with support from Main Sequence,…
DP CleanTech secures contract for €50 M biomass project in Spain
DP CleanTech has been awarded a significant contract to design, engineer, and deliver a 50MWe biomass boiler and flue gas cleaning system for the La Robla Green Project in Castilla y León, Spain. This ambitious initiative aims to transform Europe’s…
EIB study highlights bioeconomy’s role in boosting EU’s autonomy and growth
A new study published today by the European Investment Bank (EIB) emphasizes the importance of expanding bio-based industries in the EU. The report shows that scaling these sectors can enhance Europe’s strategic autonomy and global competitiveness. It also highlights the…
Caravel Bio secures $7.8M NSF grant to advance protein engineering
Caravel Bio announced it received a $7.8 million grant from the U.S. National Science Foundation (NSF). This award supports developing tools for building proteins with new chemistries and training machine learning models. The goal is to create innovative products across…
Ascribe Bio raises $12 M to advance sustainable crop protection
Ascribe Bio, an innovator in natural crop protection, announced the successful closing of an oversubscribed $12 million Series A financing round. The round was co-led by Corteva through its Corteva Catalyst platform and Acre Venture Partners. The funding also included…
QUT upgrades BioPilot facility with $18 M investment to advance biomanufacturing
Queensland University of Technology (QUT) has invested $18 million to upgrade its Mackay-based Pioneer BioPilot into a pilot-scale fermentation facility. The upgrade supports Queensland’s goal to become a regional biomanufacturing hub. Funded by the Australian and Queensland governments and partnered…