Investment
UBQ Materials lands $70 M in funding
UBQ Materials, climate tech developer of advanced materials made from waste, has closed $70 million in funding, led by Eden Global Partners. Additional participants in the financing were return investors in the company, including TPG Rise Climate, TPG's Rise Fund,…
United to buy 1 billion gallons of SAF from Cemvita
Cemvita Corporation announced an offtake arrangement with United Airlines for up to 1 billion gallons of sustainable aviation fuel (SAF) from Cemvita’s first full-scale SAF plant. Under the agreement Cemvita will supply United Airlines up to 50 million gallons annually…
Toray invests in Thai subsidiary to upgrade cellulosic sugar production derived from inedible biomass
Toray Industries, Inc., has invested a further USD $8.1 million in Cellulosic Biomass Technology Co., Ltd., to lift its stake in that subsidiary from 67%, to 84.4%. Toray established that entity in Bangkok with Mitsui DM Sugar Co., Ltd., in…
Eat Just closes financing round for alt protein
Eat Just, Inc., a company that applies cutting-edge science and technology on a mission to create healthier, more sustainable foods, has closed a new round of financing led by VegInvest/Ahimsa Foundation, a mission-aligned organization that supports companies striving to replace…
Start-up fighting cow-burped methane lands US$29 M in Series B funding
CH4 Global, Inc., a climate tech company on the path to radically reducing GHG emissions in animal agriculture, has raised US$29 million in Series B funding. The company will use the funds to build and validate the CH4 Global EcoPark™,…
Israeli biotech startup lands $2M for fungi packaging
Israeli biotech startup MadeRight, which has developed a process of cultivating fungi for green packaging, has nabbed $2 million in seed funding to drive the production of eco-friendly industrial materials.