Investment
Indian startup Intrinsic Foundries raises $1.4M to turn carbon waste into biochemicals
Intrinsic Foundries, an Indian biomanufacturing startup that converts industrial carbon emissions into biochemicals, has raised INR 12 crores (USD 1.4 million) in seed funding led by Transition VC. The Jharkhand-based company has a refreshingly different take on carbon capture. Rather…
Resurrect Bio lands $8.1M to bring disease-resistant crops to farmers
Resurrect Bio, a London-based agricultural biotechnology company, has closed the initial tranche of its Series A at $8.1 million. Corteva led the round through its Corteva Catalyst platform, joined by Calculus Capital, Pymwymic, UKI2S, SynBioVen and AgFunder. The company uses…
Cemex backs startup turning non-recyclable waste into low-carbon fuel
Cemex Ventures has invested in Waste to Energy Advanced Solutions (WtEnergy), a startup focused on converting non-recyclable solid waste and biomass into clean energy, as part of efforts to support lower-carbon technologies in cement production. The venture capital arm of…
Ecovia Bio secures Series B funding to expand biopolymer production capacity
Ecovia Bio, an advanced biotechnology company specializing in sustainable biopolymer ingredients, has closed a Series B funding round led by Pointe Angels, a Detroit-area angel investor group. The capital will fund a major expansion at the company's Livonia, Michigan facility.…
Bioinnovation Institute receives € 24.6 M to boost European biosolutions
The Bioinnovation Institute (BII) has secured a DKK 184 million (approximately €24.64 million) investment from the Novo Nordisk Foundation to accelerate the growth of biosolutions startups across Europe, called Upscalator. This funding aims to support innovative companies in scaling production,…
Minesto to advance bio-inspired ocean energy projects in Taiwan
Minesto, a leader in ocean energy technology, has received a €24,000 grant from the Swedish Energy Agency (SEA). The funding, provided through the Global Innovation Accelerator (GIA) program, will support Minesto’s efforts to develop tidal energy projects in Taiwan. The…