BASF and Acies Bio to advance fermentation technology
BASF, a leading German chemicals company, has announced a partnership with Slovenian biotechnology firm Acies Bio aimed at advancing fermentation technology for producing fatty alcohols from methanol. The collaboration, which…
How plants could make steel more sustainable
The world cannot meet climate goals without decarbonising steel-manufacturing, which adds 7.2% of total greenhouse gas emissions per year, with the fastest-growing rate of any sector. The main carbon culprits…
Alt.Leather raises $1.1 M in seed funding for biobased materials
Melbourne-based plant-based leather startup Alt.Leather has successfully concluded an oversubscribed seed funding round, raising $1.1 million. The funding round was led by family investment firm Wollemi Capital Group and included…
Xampla raises $7M for its biodegradable Morro brand
UK-based biodegradable materials company Xampla has secured $7 million in funding, bringing its total investment raised so far to $17.6 million. The latest funding round saw backing from existing investors,…
VivoBarefoot and Balena to develop fully circular footwear using biomaterials
VivoBarefoot, a certified B Corp™ company, and Balena, a sustainability entrepreneur's material science company, have announced a partnership to address the environmental impact of the footwear industry. The collaboration aims…
Biotech partners AMSilk and 21st.BIO spin a sustainable future with spider silk
AMSilk, a global leader in advanced materials made from spider silk-based proteins, has announced a partnership with bioproduction company 21st.BIO to accelerate the upscaling of AMSilk's silk protein production to…
How can bananas build a more equitable bioeconomy?
As a rule of thumb, waste feedstocks are among the most sustainable inputs for making biobased materials. One kind with immense potential as an industrial input is banana industry waste.…
Novozymes and Chr. Hansen announce name of future combined company; Novonesis
Novozymes and Chr. Hansen have announced that the name of the future combined company will be ‘Novonesis’. Novonesis means ‘A new beginning’ and derives from the Greek word ‘genesis’. The…
Mogu SRL raises € 11 Million in Series A funding round supporting further industrialisation of its mycelium-based technologies and of its positively disruptive product lines, Ephea ™ and Mogu ™
The funding round represents a very important milestone for the pioneering, biotech & biomaterials company, enabling further scaling of its industrial activities (i.e., demo plant), expansion of the Company’s Team,…