Investment
Cellugy secures €8.1M to replace microplastics in personal care products with new biomaterial
Cellugy, a Danish biotech startup, has received €8.1 million ($9.25 million) in funding. The money comes from the EU’s LIFE Programme. It will support scaling up production of EcoFLEXY, a biofabricated cellulose-based rheology modifier. EcoFLEXY is designed to replace fossil-based…
Foodtech startup Fungu’it raises funds to scale sustainable flavor innovation
Fungu’it, a French foodtech startup, announced a €4 million funding round. The investment was led by Asterion Ventures. Evolem and UI Investissement via Oser BFC also participated. The funds will support industrial production growth. Fungu’it aims to strengthen its position…
Meatly cuts bioreactor and medium costs by 95%, advancing cultivated pet food
Agronomics Limited, an investment firm focused on the clean food sector, announced significant cost savings by its portfolio company, Meatly. Specializing in cultivated pet food, Meatly reduced the costs of its bioreactors and growth medium, marking a major step forward…
NoMy raises €1.25 M to expand fungal protein technologies
Oslo-based Norwegian Mycelium (NoMy) announced a new funding round to support its growth. The company received €1.25 million in equity investment. The funding aims to accelerate the development and deployment of its fungal-based protein technologies. The investment was led by…
Capwatt secures €12.5M green financing for biomethane plant
Capwatt, a multinational group specializing in sustainable energy solutions, has successfully secured €12.5 million in green financing to support the development of a new biomethane production facility in Portugal. The project aims to produce renewable natural gas by converting agro-industrial…
Lignin Industries raises €3.9 M for biobased thermoplastic
Swedish greentech company Lignin Industries AB has secured €3.9 million in new funding to fast-track its commercial scaling efforts, including a patented biobased thermoplastic. The funding round attracted over two dozen investors from diverse backgrounds, with more than 40% of…