Investment
Agtech Startup, Lumo Raises $2.1m to Tackle the Global Water Insecurity Crisis
SONOMA COUNTY, Calif., July 20, 2022 /PRNewswire/ -- Lumo [lumo.ag], a new Agtech company focused on water sustainability, announced today that it has raised $2.1 million in pre-seed funding and plans to allocate funds toward commercialization of its irrigation technology.
Ginkgo to Acquire Zymergen
Today, Ginkgo Bioworks (NYSE: DNA) — the leading horizontal platform for cell programming — and the biotechnology company Zymergen (Nasdaq: ZY) announced they have entered into a definitive agreement under which Ginkgo will acquire Zymergen in an all-stock transaction that…
Bio-Sep Turns Sawdust Into Valuable Biochemicals
London-based sustainable startup Bio-Sep has raised $1.7 million in funding to convert low-value woodchips into high-value biochemicals. The seed round was led by London Business School’s Enterprise 100 Club (E100 Club) and ACF Investors, with additional participation from a hedge…
Epoch Biodesign raises a $11Million seed round led by Lowercarbon Capital to accelerate enzymatic solutions to biorecycle plastic waste
LONDON--(BUSINESS WIRE)--Epoch Biodesign, the Total BioDesignTM Company, announced this week that it has raised a $11M seed round. The proceeds will be directed towards the expansion of their protein design platform, construction of new R&D facilities and further development and…
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)…