News
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,…
IBioIC welcomes new members and strengthens Scotland’s bioeconomy
The Industrial Biotechnology Innovation Centre (IBioIC) welcomed over 100 new members in 2024, highlighting the growth of Scotland’s bioeconomy. IBioIC's membership has now surpassed 300. New members include start-ups Vaste and Seastex. IBioIC offers access to scale-up expertise, facilities, and…
BIC examines biomass potential for chemical sector by 2050
The Bio-based Industries Consortium (BIC) and the Renewable Carbon Initiative (RCI) have commissioned a study from the nova Institute. This research investigates the availability of sustainably-sourced biomass for defossilizing the chemicals sector by 2050. The report indicates that agricultural and…
Enduro Genetics secures €12 M in Series A funding for biomanufacturing
Enduro Genetics, a synthetic biology startup, has raised €12 million in Series A funding. Supernova Invest, NOON Ventures, and Sandwater led the investment. The funding will support the expansion of Enduro’s platform and its commercialization efforts. The startup addresses a…
SEOULTECH researchers develop bioink for tissue repair
Researchers at Seoul National University of Science and Technology (SEOULTECH) have developed a bioink made from nanocellulose derived from Kombucha SCOBY. This bioink can be applied directly to damaged tissue using a handheld device known as a digital biopen. This…
Forbion announces €164.5 M for BioEconomy Fund I
Forbion, a venture capital firm focused on biotechnology, has announced that its BioEconomy Fund I has raised €164.5 million, exceeding its initial target of €150 million. The fund has attracted investments from notable institutional backers, including KfW Capital, Novo Holdings,…