Investment
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…
Brisbane start-up Earthodic secures $6 M to develop bio-packaging
Brisbane-based Earthodic has raised $6 million in seed funding to enhance its development of recyclable biobased coatings for paper packaging and expand its operations into the United States. The company’s proprietary Biobarc coating aims to replace traditional petrochemical and plastic…
AmphiStar secures €2 M grant to advance sustainable surfactant development
Belgian biotech startup AmphiStar has received a €2 million grant from SPRIN-D (Federal Agency for Disruptive Innovation), contributing to a total of €10 million in funding secured this year. The grant will support the company's innovative biotechnology platform, which focuses…