Investment
FlexSea raises over €3.5M in funding for biomaterials
FlexSea, a blue biotech company that develops seaweed derived bioplastic films, pellets, and polymers, announced a €2.3 million equity Seed round led by Indico Capital Partners, with the participation of RedRice Ventures, Btomorrow Ventures, Food Foundry, Vala Capital, ICON Capital,…
SGP BioEnergy secures $250 M to build a biorefinery in Panama and create a zero-waste ecosystem
SGP BioEnergy announces a $250 million equity commitment from Global Emerging Markets (GEM), a European private alternative investment group, to support the development of the Golden City Biorefinery in Colon, Panama and lay the groundwork for SGP’s transformative Zero-Waste Ecosystem.
Pow.Bio raises $9.5M for AI controlled fermentation biomanufacturing
Pow.Bio announced its $9.5 million Series A round. Re:Food and Thia Ventures led the round and were joined by Hitachi Ventures - the strategic corporate venture capital arm of Hitachi, Ltd. - with participation from Possible Ventures, XFactor Ventures, Bee…
Cove secures funding for bio packaging
Cove, a material science company, announced the closing of its latest funding round, which will allow it to supply its biodegradable materials and packaging technologies to consumer-packaged goods companies that are trying to reduce the use of plastic in the…
ENGIE acquires Ixora Energy and increases its biomethane presence in Europe
ENGIE has acquired Ixora Energy Ltd, a leading biomethane producer based in the UK since 2017.for £64.8 million. The move marks the addition of three new production units to ENGIE’s portfolio, which are located in Devon and Somerset, collectively generating…
Bioeconomy project SuperBark lands EU funding of €4.5 M
Adhesives and coatings are an integral part of everyday wood-based consumer products. However, most adhesives and coatings currently on the market are produced using fossil-based and harmful chemicals, which conflicts with the EU-level goal of protecting the health and well-being…