Investment
InSpek secures €6 M in seed funding to advance biomanufacturing with photonics
InSpek, a startup focused on photonic sensing innovations, has successfully raised €3.5 million in a seed funding round co-led by Breega and Wind, with participation from returning investor Quantonation. The funding is complemented by a €2.5 million Accelerator grant from…
Elicit Plant secures €45 M to tackle climate challenges in agriculture
Elicit Plant, a forward-thinking agri-biotech firm specializing in innovative biosolutions for broadacre crops, has successfully raised €45 million to accelerate its expansion amidst escalating climate challenges faced by farmers worldwide. The funding round was spearheaded by Carbyne Equity Partners and…
NUS invests $90.6 M in synbio to propel sustainable manufacturing
The National University of Singapore (NUS) is advancing its commitment to sustainable manufacturing with a significant investment of S$120 million (approximately US$90.6 million) in synthetic biology. This strategic move aims to position Singapore as a global leader in the synthetic…
Startup Phytolon secures investment from Rich Products Ventures for natural food colors through precision fermentation
Phytolon, an Israeli startup specializing in natural food colors through precision fermentation, has secured an undisclosed investment from Rich Products Ventures (RPV), the venture arm of Rich Products Corporation, along with additional funds from existing investors including EIT-Food, Arkin Holdings,…
Belgian biotech startup Zymofix secures €2 M to scale up microbial solutions
Zymofix, a Belgian industrial biotech startup specializing in the production of beneficial microorganisms through the fermentation of biomass residues, has successfully raised €2 million in funding. The investment round was led by High-Tech Gründerfonds (HTGF) and included contributions from The…
Fleet Fueling of Michigan lands $4.2 M grant to boost biofuel sales
Fleet Fueling of Michigan LLC has been awarded a $4.2 million grant from the U.S. Department of Agriculture (USDA) to enhance the sale of biofuels, with a goal of increasing annual sales by 2.5 million gallons. The funding will be…