Investment
Beko lands €100 M for bio-innovation through the IFC
Beko, a global leader in home appliances, has secured a €100 million sustainability-linked loan from IFC, part of the World Bank Group. This is Beko’s first loan of its kind, highlighting its focus on sustainability and bio-friendly technologies. The funds…
A&B Smart Materials secures funding for sustainable SAPs
A&B Smart Materials, an innovative Oxford-based startup, has successfully closed a £1.5 million Pre-Seed funding round. The oversubscribed round attracted strong investor interest, including new strategic partners. The company specializes in creating sustainable superabsorbent polymers (SAPs), essential for products like…
ÄIO receives €1.2 M grant for fermentation-based fats
ÄIO, an Estonian biotech company that develops sustainable fats and oils using fermentation, has received a €1.2 million grant from Enterprise Estonia to advance its new project FERM-OIL. The total project budget is €2.3 million. Over three years, ÄIO will…
BIC warns Europe must boost biomanufacturing investment to stay competitive
The Bio-based Industries Consortium (BIC) released a policy brief warning Europe must act quickly to scale biomanufacturing and stay competitive globally. The brief titled “Financing the bio-based revolution: crossing Europe’s valleys of death” highlights urgent challenges facing Europe’s bioeconomy. It…
Melt&Marble raises €7.3 M to commercialize “designer fats”
Melt&Marble, a Swedish BioTech scale-up specializing in precision fermentation for “designer fats”, has raised €7.3 million in Series A funding. The new investment will support scaling production and launching its first ingredients for market use. These ingredients aim to improve…
Addis Energy raises $8.3M for sustainable bioenergy
Addis Energy has raised $8.3 million in an oversubscribed seed round. Total funding now stands at $17.3 million. The round was led by At One Ventures. Existing investors Engine Ventures and Pillar VC also participated. The company will use the…