Investment
Brekland’s biodegradable foam wins $1 M at Grow-NY competition
Governor Kathy Hochul announced Brekland of Brooklyn, New York, as the grand-prize winner of the seventh annual Grow-NY competition. The event awarded a total of $3 million in prizes to seven finalists out of 20 who competed. The winners were…
AFYREN raises €23 M through share capital to boost biorefinery
AFYREN, a green technology company producing natural, low-carbon ingredients via innovative fermentation, has successfully completed a €23 million share capital increase. The funding was led by Kemin Industries, a global leader in specialty ingredients and biotech, which invested €20 million.…
USDA announces $7 M boost for advanced biofuel producers
The U.S. Department of Agriculture (USDA) has announced a $7 million fund to support advanced biofuel producers across the country. This funding is part of the Advanced Biofuel Producer Payment Program, a key initiative of the One Big Beautiful Bill.…
Ponda secures $2.4 M to launch BioPuff and restore wetlands across Europe
Ponda has raised $2.4 million in seed funding to expand BioPuff, a plant-based, regenerative insulation. The company also plans to grow its wetland farming network across Europe. Ponda has already received grants from Innovate UK, the H&M Foundation, and Terra…
Sofinnova Partners closes €650 M to support innovation in biotech
Sofinnova Partners, a prominent European venture capital firm focused on life sciences, has announced the successful closing of its latest flagship fund, Sofinnova Capital XI, at €650 million (USD $750 million). The new fund significantly surpasses its initial target, reflecting…
The EVERY Company raises $55 M to scale protein biomanufacturing
The EVERY Company, a biotech leader specializing in precision fermentation for high-functionality proteins, announced it closed a $55 million Series D funding round. The round was led by McWin Capital Partners through its McWin Food Tech Fund, with participation from…