Investment
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 biobased 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…
Tidal Vision secures $140 M in oversubscribed Series B
Tidal Vision, a biotechnology company focused on chitosan-based chemistries, announced the closure of a $140 million Series B financing round. The round was oversubscribed, exceeding its original target. Demand came from strategically aligned investors, including Cambridge Companies SPG, Eni Next,…