Investment
SMEs receive €508 million from CBE JU as they lead Europe’s circular bioeconomy
Small and medium-sized enterprises are playing a central role in Europe's transition to a circular bioeconomy, according to new data from the Circular Bio-based Europe Joint Undertaking (CBE JU). SMEs account for 38% of participants in CBE JU-funded projects and…
Zymofix lands €1.9M grant to decode solid-state fermentation science
Belgian biotech Zymofix has secured €1.9 million from VLAIO, the Flemish Agency for Innovation and Entrepreneurship, to fund a research project aimed at making microbial agricultural products more consistent and predictable. The grant supports MicroFix, a €3.2 million collaboration with…
Vivici secures €12.5 M from EIC to scale precision fermentation proteins
Dutch biotech Vivici has secured €12.5 million from the European Innovation Council's Accelerator Programme to scale its precision fermentation protein portfolio. The EIC Accelerator is the EU's flagship deep-tech funding scheme. It backs a small number of companies per round…
IMG Group backs circular polymer innovation hub with €15 M
IMG Group has launched the Everbio Innovation Hub, a circular polymer research and development platform backed by €15 million in financing from C2 Capital Partners. Located at the Group's industrial site in Portalegre, Portugal, the hub brings together four of…
€7 M grant backs plan to scale microbial protein from fermentation
A European consortium has secured €6.99 million to scale the production of microbial proteins from food industry waste, in one of the most ambitious fermentation-focused funding awards of the year. The grant comes from the Circular Bio-based Europe Joint Undertaking…
Swiss startup hephaistos.bio raises €161K to reinvent chemical manufacturing
Swiss biotech startup hephaistos.bio has raised €161,000 from Venture Kick to develop custom enzyme solutions for pharmaceutical and chemical manufacturing. Chemical manufacturing still relies heavily on energy-intensive processes that drive up emissions and leave producers exposed to volatile supply chains.…