Investment
University of Manchester techbio spin-out secures £5 million to deploy quantum physics, AI modelling, and highly automated labs to power next gen enzyme engineering
Round led by PXN Ventures, with additional funding from existing investors IQ Capital and Northern Gritstone Company uses quantum physics, AI modelling and deeply integrated laboratory automation and robotics in a closed loop system to engineer enzymes, transforming their performance…
Europe awards €172 M to 24 projects advancing circular bioeconomy
The Circular Bio-Based Europe Joint Undertaking (CBE JU) has awarded €172 million to 24 projects designed to expand sustainable bio-based industries across the continent. The funding will support 332 organizations from 32 countries working to develop alternatives to fossil-based products.…
MTU awarded €3 M to develop grass biorefinery tech in Ireland
Munster Technological University has received €3 million from Ireland's Department of Agriculture, Food and the Marine to lead a research project converting grass into high-value products. The Grass4Value project will advance green biorefinery technologies across multiple Irish sites. MTU recently…
BioMADE invests $21M in U.S. biomanufacturing
BioMADE, a headline partner for Bio Innovations North America, has announced a $21.4 million investment across 14 projects aimed at advancing the U.S. bioindustrial manufacturing sector. The funding comes through partnerships with the U.S. Department of Defense and the National…
Ponda crowdfunding campaign to scale wetland-based insulation
Ponda, the maker of BioPuff® insulation, is expanding its efforts to bring a new type of sustainable insulation to fashion. Unlike traditional materials from oil or animals, BioPuff® is made from bulrush (Typha), a wetland plant grown through regenerative farming…
AFYREN secures €3 M European grant to support biorefinery expansion
AFYREN, a leading greentech company specializing in bio-based, low-carbon ingredients through innovative fermentation technology, announced today that it has received a €3 million grant from the Grand Est Region, supported by the European Just Transition Fund. The company also announced…