Investment
Cove secures funding for bio packaging
Cove, a material science company, announced the closing of its latest funding round, which will allow it to supply its biodegradable materials and packaging technologies to consumer-packaged goods companies that are trying to reduce the use of plastic in the…
ENGIE acquires Ixora Energy and increases its biomethane presence in Europe
ENGIE has acquired Ixora Energy Ltd, a leading biomethane producer based in the UK since 2017.for £64.8 million. The move marks the addition of three new production units to ENGIE’s portfolio, which are located in Devon and Somerset, collectively generating…
Bioeconomy project SuperBark lands EU funding of €4.5 M
Adhesives and coatings are an integral part of everyday wood-based consumer products. However, most adhesives and coatings currently on the market are produced using fossil-based and harmful chemicals, which conflicts with the EU-level goal of protecting the health and well-being…
OCEANIUM secures $2.6 M to scale biorefinery
OCEANIUM announced a fundraise of $2.6m led by existing investor Builders Vision with a final close to be completed by early Autumn. Participation from other existing investors include the World Wildlife Fund and Green Angel Ventures and several new investors…
Origin Materials awarded BioMADE funding to advance the U.S Department of Defense sustainability goals
Origin Materials, a leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, has been awarded funding from BioMADE, a Manufacturing Innovation Institute catalyzed by the U.S. Department of Defense.
Chitose raises $21 M for microalgae facility
Chitose Bio Evolution Pte. Ltd., a leader of the global bioeconomy concluded a total of 21M USD new share issuances through a third-party allotment with Shiseido Company, Limited, NGK INSULATORS, LTD., Mitsui Mining & Smelting Co. Ltd., Mitsubishi Kakoki Kaisha.Ltd.,…