Investment
EIB study highlights bioeconomy’s role in boosting EU’s autonomy and growth
A new study published today by the European Investment Bank (EIB) emphasizes the importance of expanding bio-based industries in the EU. The report shows that scaling these sectors can enhance Europe’s strategic autonomy and global competitiveness. It also highlights the…
Caravel Bio secures $7.8M NSF grant to advance protein engineering
Caravel Bio announced it received a $7.8 million grant from the U.S. National Science Foundation (NSF). This award supports developing tools for building proteins with new chemistries and training machine learning models. The goal is to create innovative products across…
Ascribe Bio raises $12 M to advance sustainable crop protection
Ascribe Bio, an innovator in natural crop protection, announced the successful closing of an oversubscribed $12 million Series A financing round. The round was co-led by Corteva through its Corteva Catalyst platform and Acre Venture Partners. The funding also included…
QUT upgrades BioPilot facility with $18 M investment to advance biomanufacturing
Queensland University of Technology (QUT) has invested $18 million to upgrade its Mackay-based Pioneer BioPilot into a pilot-scale fermentation facility. The upgrade supports Queensland’s goal to become a regional biomanufacturing hub. Funded by the Australian and Queensland governments and partnered…
Coalition funds projects across U.S. to grow circular packaging solutions
The Composting Consortium, managed by Closed Loop Partners' Center for the Circular Economy, announced funding for eight U.S. projects. These projects aim to advance composting infrastructure and recover food-contact compostable packaging. The Consortium's partnership with Biodegradable Products Institute (BPI) and…
Revyve secures €24 M to scale yeast proteins for sustainable food production
Dutch food-tech scale-up Revyve has raised nearly €24 million in Series B funding. This brings its total capital raised to over €40 million. The new investment will support expansion and the scaling of its yeast-based ingredients. These ingredients are designed…