Investment
Scimplify transforms chemical supply chain with $40 M funding
Scimplify has announced a $40 million Series B funding round to scale its innovative platform. This funding was co-led by Accel and Bertelsmann, with participation from existing investors like Omnivore and 3one4 Capital. This investment brings Scimplify’s total funding to…
ReSource secures $15 M for sustainable plastics innovation
ReSource Chemical Corp., an advanced manufacturing startup, has completed a $15 million funding round co-led by Khosla Ventures and Fathom Fund. The company wants to revolutionize the production of plastics and specialty chemicals without relying on fossil fuels. By using…
Epoch BioDesign secures $18.3 M to scale enzymatic recycling technology
Epoch BioDesign has raised $18.3 million in Series A funding. The investment will support the company’s use of enzymes in recycling plastics. Traditional mechanical recycling struggles with mixed plastics and lowers polymer quality in each recycling cycle. Chemical recycling requires…
Sofinnova Partners raises €1.2 B in funding
Sofinnova Partners, a prominent European venture capital firm focused on life sciences, has raised €1.2 billion over the past year. This includes more than €1 billion raised in the last quarter alone. With this funding, the firm’s assets under management…
EIB approves €430 M loan for Galp’s Sines biorefinery projects
The European Investment Bank (EIB) has approved a loan of €430 million for Galp’s Sines Refinery projects. The funding aims to support the decarbonization of heavy-duty road transport and aviation. Galp is developing a Biofuels unit in collaboration with Japan’s…
Arsenale Bioyards lands $10 M seed funding for biomanufacturing innovation
Arsenale Bioyards has successfully completed its first $10 million seed financing round. The funding round was led by Planet A and byFounders, with participation from CDP Ventures, Acequia Capital, Plug N Play, and Grey Silo Ventures, along with several family…