Investment
BEAM Circular awards over $1M to advance local workforce training
BEAM Circular has awarded $1.064 million to twelve local education and training organizations in Stanislaus County, marking the second round of grants aimed at developing the region's bio-based manufacturing workforce. The funding, supported by American Rescue Plan Act dollars from…
BioTreasure lands €2.5M to scale bio-chemical platform
Munich-based BioTreasure has secured €2.5 million from SPRIND, Germany's Federal Agency for Disruptive Innovation, to scale its integrated bio-chemical manufacturing platform toward industrial deployment. The funding marks BioTreasure's advancement to Stage III of SPRIND's Circular Biomanufacturing Challenge. The company has…
Indian startup Intrinsic Foundries raises $1.4M to turn carbon waste into biochemicals
Intrinsic Foundries, an Indian biomanufacturing startup that converts industrial carbon emissions into biochemicals, has raised INR 12 crores (USD 1.4 million) in seed funding led by Transition VC. The Jharkhand-based company has a refreshingly different take on carbon capture. Rather…
Resurrect Bio lands $8.1M to bring disease-resistant crops to farmers
Resurrect Bio, a London-based agricultural biotechnology company, has closed the initial tranche of its Series A at $8.1 million. Corteva led the round through its Corteva Catalyst platform, joined by Calculus Capital, Pymwymic, UKI2S, SynBioVen and AgFunder. The company uses…
Cemex backs startup turning non-recyclable waste into low-carbon fuel
Cemex Ventures has invested in Waste to Energy Advanced Solutions (WtEnergy), a startup focused on converting non-recyclable solid waste and biomass into clean energy, as part of efforts to support lower-carbon technologies in cement production. The venture capital arm of…
Ecovia Bio secures Series B funding to expand biopolymer production capacity
Ecovia Bio, an advanced biotechnology company specializing in sustainable biopolymer ingredients, has closed a Series B funding round led by Pointe Angels, a Detroit-area angel investor group. The capital will fund a major expansion at the company's Livonia, Michigan facility.…