Investment
Fibu secures funding from Swedish climate program to scale bio-based foam
Fibu has announced it received SEK 4.26 million (around € 390,000) in funding from Klimatklivet, a program managed by the Swedish Environmental Protection Agency. The investment aims to support the scaling of Fibu’s innovative bio-based foam technology. The funding will…
Uluu secures $2.1 M to scale seaweed-based plastic alternative
Uluu has announced it has received $2.1 million in funding from the Australian Government’s Industry Growth Program. The grant aims to support the commercialisation of Uluu’s innovative plastic alternative made from seaweed. The funding will enable Uluu to significantly increase…
EU approves €6 B Italian biomass-derived hydrogen plan
The European Commission approved a €6 billion Italian support scheme for renewable hydrogen production, with biomass-derived hydrogen explicitly included among eligible technologies. The program, running through the end of 2029, aims to support annual production of 200,000 tonnes of renewable…
Cauldron raises $13.25 M to scale continuous fermentation tech
Australian biomanufacturing company Cauldron Ferm announced a $13.25 million Series A2 funding round and recognition on Fast Company's 2026 list of most innovative companies. Main Sequence Ventures led the round, with participation from Horizons Ventures, SOSV, and Australian pension fund…
Danish companies secure $3.3M for carbon-capture project
Two Danish biotech companies just secured major government backing to build a demonstration facility that turns waste gases into commercial products. Unibio and Again will receive 24.6 million kroner (about $3.3 million) from Innovation Fund Denmark for a three-year project…
Biotech coalition maps path to trillion-dollar economy
A European sustainability coalition has identified four molecule families as the fastest routes to scaling industrial biotechnology, potentially unlocking a market worth $1.1 trillion. Advanced Biotech for Sustainability (AB4S) released its second annual report. The document narrows down 300 evaluated…