Investment
Avantium announces rights offering to fund next-gen sustainable processes
Avantium N.V has announced the launch of a fully committed and underwritten rights offering totaling €65 million. The capital increase aims to support the company’s development until it reaches EBITDA break-even, expected in 2027, and aligns with its comprehensive financing…
Californian county invests in bioeconomy education with new grants
Stanislaus County in California, USA, has awarded over $970,000 in grants to support education and workforce training in the bioeconomy sector. Supported by funds from the American Rescue Plan Act, these grants aim to expand opportunities for students and workers…
BEAM Circular secures $10.4 M to advance California’s circular bioeconomy
BEAM Circular has been awarded $10.367 million through the California Jobs First Regional Investment Initiative. This funding will accelerate projects promoting sustainable, equitable economic growth across California’s North San Joaquin Valley. Governor Gavin Newsom announced a total of $80 million…
New reports highlight funding needs for Europe’s carbon removal projects
DG CLIMA is exploring an EU-wide purchasing program for permanent carbon dioxide removal (CDR). The goal is to encourage investments and boost technological progress. This initiative aims to help Europe meet its climate targets. Europe needs to expand permanent CDR…
Bright Biotech receives £1 M for synthetic plant research
Bright Biotech, a Manchester-based biotech company, has been awarded £1 million from ARIA’s Synthetic Plants programme. The programme has a total budget of £62.4 million. This funding will support Bright Biotech’s research into plant-based bio-factories for animal-free proteins. The company…
Sacramento startup raises $31 M to scale mycoprotein production
Sacramento-based startup, The Better Meat Co. (BMC), has closed a $31 million Series A funding round. It was led by Future Ventures and Resilience Reserve. Other participants included Hickman’s Family Farms, Epic Ventures, and Sigmas Group. The new capital will…