Investment
UK startup Ponda lands £2.35m to scale wetland-grown insulation
Bristol startup Ponda has secured a £2.35 million grant from DEFRA's Farming Innovation Programme. The funding will help build a UK supply chain for materials grown on restored wetlands. Ponda makes BioPuff, a plant-based insulation derived from typha, commonly known…
Arboreal Bioinnovations raises $24 M to scale functional ingredient platforms
Arboreal Bioinnovations has raised over $24 million in a Series A funding round. The round was co-led by EAAA, the alternatives arm of Edelweiss, and Omnivore. Existing investor Rainmatter by Zerodha also took part. The company plans to use the…
EU approves €290 million Dutch schemes for SAF
The European Commission has approved two Dutch funding schemes worth a combined €290 million. The schemes will support sustainable aviation fuel production in the Netherlands. The approval falls under EU state aid rules. It supports the goals of the Clean…
Claros raises $55M to scale up PFAS destruction technology
Claros Technologies has closed a $55 million Series B financing round. The funding will accelerate global rollout of the company's PFAS destruction technology. Claros focuses on destroying PFAS, the so-called forever chemicals used across many industries. Its proprietary system is…
New funding call for Ireland’s bioeconomy
BiOrbic Research Ireland Centre for Bioeconomy is opening a second Industry Collaboration Call. The initiative invites researchers and businesses to develop new bioeconomy solutions together. The call spans several sectors. These include agri-food, forestry, marine and biotechnology. It builds on…
EU invests €5.7M in microalgae protein
The European Union has invested €5.7 million in Alganova, a project developing a biorefinery to produce proteins and functional ingredients from microalgae. The algae will be fed on agro-marine byproducts and industrial biogenic carbon dioxide. The four-year initiative is funded…