Investment
UPM Biochemicals acquires SunCoal Industries
UPM has acquired SunCoal Industries GmbH, a German-based company that developed a unique technology portfolio to produce performance products from renewable raw materials. With this acquisition SunCoal Industries’ technology will be integrated into the production of UPM’s BioMotionTMRenewable Functional Fillers…
Timeplast raising capital via crowdfunding to launch its better-than-biodegradable bioplastic
Timeplast is a chemical technology startup that's spent over a decade working on a water-soluble plastic substitute that eliminates many of the problems with both conventional plastics and current bioplastics without sacrificing the functionality and versatility of the material. The…
International Airlines Group announces investment into Nova Pangaea Technologies to secure SAF
International Airlines Group (IAG), the parent company of Aer Lingus, British Airways, Iberia, Vueling and LEVEL —has announced an investment into Nova Pangaea Technologies (NPT), an innovative UK-based cleantech company whose technology is a crucial pathway to the production of…
FLORA Ventures launches $80M fund to Invest in sustainable agrifood tech startups
FLORA Ventures announced the launch of its $80M fund, and its first closing with commitments of $50M, making it the largest Israeli-based AgriFood VC. And, according to IVC data, it is the largest Israeli new VC fund to have completed…
Nexus PMG lands $50 M in equity round to accelerate biofuel efforts
Nexus PMG announced a $50 million growth equity round, led by an affiliate of Greenbacker, with participation from the Ontario Power Generation Pension Fund and Liberty Mutual Insurance. The close of this investment represents a significant milestone as the firm…
WasteFuel lands $10M in Series B round from bp ventures
Leading the Series B investment round, bp expanded its investment in bioenergy, committing $10 million in WasteFuel, a California-based biofuels company that will use proven, scalable technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as…