Investment
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.…
CIP launches $1.7 B bioenergy fund backed by €230 M EIF
Copenhagen Infrastructure Partners (CIP) has launched a new €1.7 billion ($1.9 billion) bioenergy fund, supported by a €200 million commitment from the European Investment Fund (EIF). The Advanced Bioenergy Fund II (ABF II) aims to raise €1.5 billion to finance…
bitBiome secures oversubscribed funding to accelerate microbial engineering
bitBiome, a leader in discovering and designing enzymes, proteins, strains, and ingredients, has closed an oversubscribed seed extension funding round. This new investment shows growing confidence in the company's technology and global reach. With the funding, bitBiome will speed up…