Investment
Merck introduces bio-based solvents for greener lab tests
Merck has introduced a new line of bio-based solvents for high-performance liquid chromatography (HPLC). Made from renewable resources, these solvents help reduce the use of fossil fuels and lower greenhouse gas emissions, all while maintaining the high standards needed for…
Saipem wins €700 M contract to build new biorefinery for Eni in Sicily
Saipem has signed a major deal with Eni Industrial Evolution to build the new Priolo biorefinery in Sicily. The project was announced earlier this year by Eni and Q8 Italia. The total value of the contract is around €700 million,…
Europe opens €170.7M funding call to boost bio-based industries
The European Circular Bioeconomy Joint Undertaking (CBE JU) has launched its 2026 call for project proposals. A total of €170.7 million is available to support the development and scale-up of competitive bio-based industries across Europe. The deadline for applications is…
Dutch startup raises €3M to scale bio-based foam production
Foamlab, a Delft University of Technology spinoff, raised €3 million to build a pilot plant and scale production of its bio-based foam materials. The round was led by ICOS Capital. Co-investors include Value Factory Ventures, DOEN Ventures, Capricorn Industrial Biotech…
South Korea funds precision fermentation research
South Korea's science ministry selected Kookmin University's precision fermentation project for funding under the 2026 Basic Research Program. The project, led by Professor Park Yong-cheol in the Department of Bio and Fermentation Convergence Technology, focuses on developing a genetic toolkit…
Standing Ovation raises $34.2 M to launch fermentation-based casein in the US
Paris-based Standing Ovation announced a $34.2 million Series B funding round. The company is preparing to bring its fermentation-produced casein to the US market first. The funding includes $28.5 million in equity. It was co-led by Bpifrance’s Ecotechnologies 2 fund,…