Investment
Buscar acquires stake in hemp-based bioplastics firm Terramer
Buscar Company, a diversified holding company focused on natural resources and sustainable energy, has announced a strategic acquisition. The company has obtained a 50% stake in Terramer, Inc., a leader in hemp-based bioplastics, through a stock swap transaction. This acquisition…
Simplifyber lands $12 M to advance biobased soft goods manufacturing
Simplifyber, a materials startup, has completed a $12 million Series A funding round to scale their tech. The round was led by Suzano Ventures, a new investor in the company. Other participants included At One Ventures, Techstars, Plug and Play…
INTAKE secures $9.2 M for yeast-based alt protein
INTAKE, a South Korean food tech company, has raised KRW 13.5 billion, approximately US$9.2 million, in Series C funding. The funding round was led by several investors, including CJ Investment and HB Investment. Other participants included Woori Venture Partners, KDB…
Sac County, Iowa, achieves investment grade ‘A’ rating for BDO Zone
Sac Economic & Tourism Development Ltd. (SETD), Ecostrat, and the BDO Zone Initiative have announced that Sac County, Iowa, has received an investment-grade BDO Zone ‘A’ Rating. This designation highlights the area’s potential for biobased plant operations. The BDO Zone…
Fiberdom secures €3.5M funding for plastic-free material innovations
Finnish startup Fiberdom has raised €3.5 million in funding to advance its innovations in plastic-free materials. The company specializes in transforming market pulp and paperboard into a supermaterial that is 100% plastic-free, formable, strong, recyclable, and home-compostable. Fiberdom already achieved…
Scottish bioeconomy secures £5 M funding boost for innovation
Innovate UK’s Launchpad programme has provided a £5 million funding boost to accelerate biobased manufacturing and the bioeconomy in Scotland. This funding supports R&D initiatives aimed at enhancing sustainable practices in the region. Nineteen projects will advance in the programme’s…