Investment
ZymoChem secures $ 4M to advance U.S. biomanufacturing
ZymoChem has secured four million dollars in renewed federal funding alongside a one-million-dollar program cost share to advance domestic biomanufacturing. The initiative targets the industrial challenge of rebuilding local supply chains for high-performance materials without petroleum reliance. Chief Executive Officer…
IFC backs Syzygy’s Latin America SAF push
Syzygy Plasmonics has signed a framework agreement with the International Finance Corporation, the World Bank Group's private sector arm. The deal will support a pipeline of sustainable aviation fuel projects across Latin America. Under the agreement, IFC will provide technical…
IBioIC launches funding competition for bio-based scale-up
A new funding competition aims to help Scottish bio-based innovations move from the lab toward commercial production. The Industrial Biotechnology Innovation Centre, known as IBioIC, has opened applications for its BioProcess Scale-up Accelerator Competition. The program offers up to £10,000…
Convertus Group secures $96.2 M for Ontario biofuel plant
Canadian waste-to-energy developer Convertus Group has secured $96.2 million in project financing. The funding will advance its flagship biofuel facility in York Region, Ontario. Power Sustainable Infrastructure Credit provided the capital. Selkirk Advisory Group served as financial advisor to Convertus.…
Plantible Foods secures $35M after FDA safety nod
Plantible Foods has secured $35 million in combined debt and equity funding to expand production of Rubi Protein, its plant-derived protein made from Lemna, also known as water lentils. The package includes a loan from X-Caliber Rural Capital, a licensed…
Plant-cell firm BioHarvest secures $30 M fragrance contract
BioHarvest Sciences has signed an exclusive agreement to manufacture a rare fragrance compound for an undisclosed customer in the United Arab Emirates. They are using advanced plant-cell technology to reproduce a scent normally derived from an endangered species. Planned volumes…