Investment
Faircraft secures $15.8 M for lab-grown leather development
Faircraft, a company specializing in lab-grown leather through innovative tissue engineering techniques, has raised $15.8 million in its latest funding round. The investment was led by a consortium of prominent investment funds, including Kindred Ventures, Cap Horn, BPI, Sake Bosch,…
Chipotle announces investments in bio-based Plantible and CH4 Global
Chipotle Mexican Grill has announced minority investments in two innovative companies, Plantible and CH4 Global, as part of its strategy to support sustainable practices and accelerate its growth plans. Plantible, founded in 2018, utilizes Lemna (duckweed) to create Rubi Protein™,…
Berlin’s Formo lands €35 M for biobased cheese alternatives
Berlin-based food technology startup Formo has received a €35 million loan from the European Investment Bank (EIB) to advance its fermentation processes aimed at producing dairy and egg alternatives. This funding is part of the European Union's InvestEU programme, which…
USDA announces $14 M in grants to boost biofuel access in Wisconsin
The U.S. Department of Agriculture has announced the allocation of over $14 million in grants for 42 projects across 27 counties in Wisconsin aimed at enhancing access to clean energy and expanding biofuel availability. Among the recipients, JT Petroleum, has…
Agrobiomics receives €1.5 M for climate-resilient crop project
Agrobiomics, a Nordic bio-agriculture company, has secured €1.5 million from Denmark’s Green Development and Demonstration Programme (GUDP) to support its BIORESCUE project. This initiative focuses on validating a natural metabolite-based biostimulant, PTA, to increase the resilience of cereal crops against…
Pioneer Energy lands $27 M in DOE grants for emission control tech
Pioneer Energy has been awarded $27 million by the U.S. Department of Energy (DOE) to advance its Emission Control Treater™ (ECT), a technology aimed at reducing emissions in oil production while increasing crude yield by 5-10%. The ECT is a…