Investment
Epoch BioDesign secures $18.3 M to scale enzymatic recycling technology
Epoch BioDesign has raised $18.3 million in Series A funding. The investment will support the company’s use of enzymes in recycling plastics. Traditional mechanical recycling struggles with mixed plastics and lowers polymer quality in each recycling cycle. Chemical recycling requires…
Sofinnova Partners raises €1.2 B in funding
Sofinnova Partners, a prominent European venture capital firm focused on life sciences, has raised €1.2 billion over the past year. This includes more than €1 billion raised in the last quarter alone. With this funding, the firm’s assets under management…
EIB approves €430 M loan for Galp’s Sines biorefinery projects
The European Investment Bank (EIB) has approved a loan of €430 million for Galp’s Sines Refinery projects. The funding aims to support the decarbonization of heavy-duty road transport and aviation. Galp is developing a Biofuels unit in collaboration with Japan’s…
Arsenale Bioyards lands $10 M seed funding for biomanufacturing innovation
Arsenale Bioyards has successfully completed its first $10 million seed financing round. The funding round was led by Planet A and byFounders, with participation from CDP Ventures, Acequia Capital, Plug N Play, and Grey Silo Ventures, along with several family…
Adsorbi secures €1 M in for bio-based air purification material
Adsorbi, a startup specializing in cellulose-based air purification technology, has successfully raised €1 million in funding. The investment comes from Metsä Spring, Chalmers Ventures, Jovitech Invest, and includes a grant from Sweden’s Innovation Agency. The funds will be used to…
Modern Synthesis lands $5.5 M for biomaterials development
Modern Synthesis, a London-based startup focused on biomaterials for fashion, has raised $5.5 million in a funding round led by Extantia Capital. The Seed 2 round includes support from Artesian and Collaborative Fund. The funds will allow the company to…