Investment
USDA invests $207M in biogas and bioenergy projects
The USDA has announced it will be investing $207 million in renewable energy and domestic fertilizer projects through its Rural Energy for America Program (REAP) and Fertilizer Production Expansion Program (FPEP).
Global Agri-Food Advancement Partnership (GAAP) invests in biotech startup Proxima R&D
The Global Agri-Food Advancement Partnership (GAAP) in Saskatchewan has announced the completion of an undisclosed investment round into Proxima Research and Development - Canada. Proxima, which has developed proprietary technology to better isolate, characterise, and engineer microbes for applications within…
CAL FIRE awards $4M to West Biofuels for bioenergy projects
California's Department of Forestry and Fire Protection (CAL FIRE) has awarded $4 million in grants to support the development of two clean energy projects by West Biofuels LLC.
Mogu SRL raises € 11 Million in Series A funding round supporting further industrialisation of its mycelium-based technologies and of its positively disruptive product lines, Ephea ™ and Mogu ™
The funding round represents a very important milestone for the pioneering, biotech & biomaterials company, enabling further scaling of its industrial activities (i.e., demo plant), expansion of the Company’s Team, as well as boosting of the Company’s R&D efforts, to…
Metsä Group invests USD $1M in FineCell for biomaterials for beauty, healthcare, and paint products
Metsä Group, a Finnish forest industry company, has invested EUR 1 million in FineCell, a Swedish startup developing a biomaterial called CellOx. The funding will be used to improve FineCell's material application know-how, engage with potential customers, and finalise the…
Biomaterials company Genera announces $350M expansion
Sustainable molded fiber and biomaterials company Genera has announced the groundbreaking of a $350 million expansion to its Sustainable Biomaterials Campus in Vonore, Tennessee.