Investment
Neustark secures $69M to scale up carbon removal technology
Neustark, a Switzerland-based company, has secured $69 million in funding to accelerate its growth in the carbon dioxide removal (CDR) market. The investment round was led by Decarbonization Partners, a partnership between BlackRock and Temasek, and will support Neustark's goal…
Minnesota secures $200 M for new sustainable biomanufacturing facility
Minnesota Governor Tim Walz announced that the state has secured $200 million in funding to finance a new 500,000-square-foot sustainable biomanufacturing facility in Marshall. The facility, owned by climate technology company Solugen, will produce organic acids typically derived from oil,…
Prolific Machines lands $86.5M to revolutionize biotech with light-controlled cells
Prolific Machines, a biotech company, has raised $86.5 million in funding to develop a platform that uses light to control cells and grow biological products. The company aims to create a more efficient and sustainable way to produce everyday products,…
Floreon lands $319 M to upscale bioplastic tech
The Centre for Process Innovation (CPI), a UK-based technology and sustainable materials accelerator, has invested £250 million ($319 M) in Floreon, a bioplastics developer spun out from the University of Sheffield. Floreon produces proprietary compounds made from plant-based materials, including…
Built by Nature awards €250,000 to Widuz for bamboo-based construction materials
Built by Nature, a non-profit organization, has announced the winners of its inaugural global Prize for biobased construction materials. The prize, which attracted over 300 submissions from around the world, has awarded €250,000 to Widuz, a Singapore-based company, for its…
ClarosTech secures $22M to destroy PFAS
Claros Technologies has raised $22M in new funding co-led by Ecosystem Integrity Fund and American Century Investments. This financing will allow ClarosTech™ to continue scaling the research, development and market penetration of its UV-photochemical PFAS destruction technologies, its durable anti-viral,…