Investment
Nova Scotia Invests in Verschuren Centre Expansion
The Province is investing $2.5-million in the Verschuren Centre for Sustainability in Energy and the Environment in Sydney to expand into a national biomanufacturing centre. The centre helps clean-tech companies develop and commercialise innovative and sustainable technologies.
Shellworks Raises $6.2 Million
Innovative biotech company Shellworks has raised $6.2 million in seed funding led by LocalGlobe. Founder Collective, True Global, BoxGroup, Divergent Capital and angels including Deepali Nangia (Alma Angels founder), Julien Callede (Made co-founder), Bryan Meehan (former Blue Bottle Coffee CEO)…
FDE Acquires Cryopur
FDE, a carbon-negative energy producer, announced it has acquired 94% of Cryopur, a French company that specialises in the treatment of biogas and its liquefaction into LBG and bio-CO2.
EQUO Raises $1.3M USD in Seed Funding
Vietnam-based sustainability company, EQUO, has raised $1.3 million USD in seed funding. The round was led by NextGen Ventures with participation from Techstars and East Ventures.
Canadian Government Grants $12M Funding to Biofuel Projects
The Government of Canada has recently granted a sum of more than $12 million (€8.7 million) in funding to several biofuel and RNG projects.
Pharma industry-backed fund invests in two biotech companies to treat ‘superbugs’
A $1 billion fund backed by over 20 drugmakers made its first set of investments on Monday in two biotechnology startups, nearly two years after it was launched to help struggling antibiotic makers tackle the threat of antibiotic-resistant bacteria.