Investment
DSU receives $300,000 grant for microalgae research for biofuels
Two researchers from Delaware State University (DSU) have received a nearly $300,000 grant from the U.S. Department of Agriculture (USDA) for a three-year project involving microalgae. Dr. Ali Parsaeimehr, the Principal Investigator, and Dr. Gulnihal Ozbay, the Co-PI and Professor…
Invaio acquires Peptyde Bio, accelerating bioactive peptide-based crop solutions
Invaio Sciences has recently acquired Peptyde Bio, a company specializing in the discovery and design of novel peptides for agricultural use. The acquisition provides Invaio with a valuable platform and IP portfolio that will enhance their ability to develop biologically…
BioFluff lands $2.5M for plant-based fur alternatives
BioFluff, a biomaterials startup specializing in plant-based fur alternatives, has successfully completed its seed funding round, raising $2.5 million from prominent venture capital firms.
Lingrove raises $10 M to ramp up production of ekoa, a biobased alternative for construction materials
Lingrove has announced the successful completion of an oversubscribed Series B funding round. The financing was led by Lewis & Clark Agrifood and Diamond Edge Ventures, with additional participation from Bunge Ventures and SOSV. The funds raised will enable Lingrove…
BioWell Accelerator receives funding to foster next-gen of bio-innovations
The U.S. Economic Development Administration (EDA) has awarded $53 million to 60 organizations as part of its highly competitive "Build to Scale" Grant program, aimed at promoting venture activity and entrepreneurship for regional economies. The Houston-based First Bight Ventures and…
Asahi Kasei invests in Ionomr to accelerate green hydrogen tech
Japanese conglomerate Asahi Kasei has invested in Canadian startup Ionomr Innovations, a company specializing in anion exchange membranes (AEM) for use in electrolyzers and other applications. The move is part of Asahi Kasei's "Care for Earth" investment framework, which aims…