Investment
Plantible Foods secures $35M after FDA safety nod
Plantible Foods has secured $35 million in combined debt and equity funding to expand production of Rubi Protein, its plant-derived protein made from Lemna, also known as water lentils. The package includes a loan from X-Caliber Rural Capital, a licensed…
Plant-cell firm BioHarvest secures $30 M fragrance contract
BioHarvest Sciences has signed an exclusive agreement to manufacture a rare fragrance compound for an undisclosed customer in the United Arab Emirates. They are using advanced plant-cell technology to reproduce a scent normally derived from an endangered species. Planned volumes…
Cox Enterprises backs 10 startups in new cleantech residency
Cox Enterprises has launched its first Cox Cleantech Residency, bringing together 10 early-stage startups for a six-week program in Atlanta. The initiative, run with gener8tor and the Georgia Cleantech Innovation Hub, gives each company a $10,000 stipend along with mentorship…
UK startup Ponda lands £2.35m to scale wetland-grown insulation
Bristol startup Ponda has secured a £2.35 million grant from DEFRA's Farming Innovation Programme. The funding will help build a UK supply chain for materials grown on restored wetlands. Ponda makes BioPuff, a plant-based insulation derived from typha, commonly known…
Arboreal Bioinnovations raises $24 M to scale functional ingredient platforms
Arboreal Bioinnovations has raised over $24 million in a Series A funding round. The round was co-led by EAAA, the alternatives arm of Edelweiss, and Omnivore. Existing investor Rainmatter by Zerodha also took part. The company plans to use the…
EU approves €290 million Dutch schemes for SAF
The European Commission has approved two Dutch funding schemes worth a combined €290 million. The schemes will support sustainable aviation fuel production in the Netherlands. The approval falls under EU state aid rules. It supports the goals of the Clean…