Investment
Minnesota secures $200 M for new sustainable biomanufacturing facility
Minnesota Governor Tim Walz announced that the state has secured $200 million in funding to finance a new 500,000-square-foot sustainable biomanufacturing facility in Marshall. The facility, owned by climate technology company Solugen, will produce organic acids typically derived from oil,…
Prolific Machines lands $86.5M to revolutionize biotech with light-controlled cells
Prolific Machines, a biotech company, has raised $86.5 million in funding to develop a platform that uses light to control cells and grow biological products. The company aims to create a more efficient and sustainable way to produce everyday products,…
Floreon lands $319 M to upscale bioplastic tech
The Centre for Process Innovation (CPI), a UK-based technology and sustainable materials accelerator, has invested £250 million ($319 M) in Floreon, a bioplastics developer spun out from the University of Sheffield. Floreon produces proprietary compounds made from plant-based materials, including…
Built by Nature awards €250,000 to Widuz for bamboo-based construction materials
Built by Nature, a non-profit organization, has announced the winners of its inaugural global Prize for biobased construction materials. The prize, which attracted over 300 submissions from around the world, has awarded €250,000 to Widuz, a Singapore-based company, for its…
ClarosTech secures $22M to destroy PFAS
Claros Technologies has raised $22M in new funding co-led by Ecosystem Integrity Fund and American Century Investments. This financing will allow ClarosTech™ to continue scaling the research, development and market penetration of its UV-photochemical PFAS destruction technologies, its durable anti-viral,…
ATH Bioenergy invests in greener Canary Islands with biomethane plants
ATH Bioenergy announced plans last March to invest €100 million in four biomethane plants across the Canary Islands. The project has now begun with construction underway on the first plant in Puerto de Arinaga, Gran Canaria. Subsequent facilities will be…