BioprocessUpdates’ Post

Biotech startup AmphiStar, a leader in sustainable surfactant products, has recently been awarded a €2 million non-dilutive grant from SPRIN-D (Federal Agency for Disruptive Innovation). This brings the total funding secured by the Belgian innovator to €10 million this year. AmphiStar’s biotechnology platform utilizes synthetic biology to develop custom molecules that meet specific performance requirements. These tailor-made biosurfactants, derived from organic waste and side streams, not only provide an environmentally friendly alternative to conventional chemically produced surfactants (fossil- and biobased) and other commercial microbial biosurfactants, but also open up new opportunities for innovation in the cleaning, cosmetics, and personal care industries. Pierre-Franck VALENTIN, Sophie Roelants, Bernd Everaert To share your startup story write us on - contact@startuprise.co.uk #Amphistar #biotechnology #Innovation #News #startup #Funding #fundraising https://lnkd.in/gTRfGkeA

Danish startup CELLUGY® has raised €4.9M in seed funding to scale up their first-of-a-kind EcoFLEXY product, a fully bio-based and biodegradable alternative to fossil-based plastics. Founded in 2018, Cellugy’s bio-fermentation platform produces high-performing dry cellulose from sugar, providing a sustainable and scalable solution that fits seamlessly into existing manufacturing processes. This funding will help Cellugy transition from pilot phase to industrial-scale production, meeting the growing demand for sustainable materials. This is a key step in Cellugy's lab-to-market journey, demonstrating the importance of innovative leadership, strategic partnerships, and sustainable solutions in advancing from concept to commercial success. Learn more from Tech Funding News: https://lnkd.in/eBeE2hTD #Biotech #Sustainability #Innovation #LabToMarket #DeepTech #GreenTech #Investment

Discover the groundbreaking strides NovoNutrients is making in the biotechnology space as they raise $18 million in Series A funding to transform industrial carbon emissions into sustainable protein ingredients. Led by Woodside Energy and CM Venture Capital, this investment fuels their pilot programs and commercial partnerships, setting a promising trajectory for their carbon capture and utilization (CCU) technology. Learn more about how NovoNutrients is innovating solutions for a sustainable future in their latest update! https://lnkd.in/dRyV936u #lifesciences

TURN GREEN Tackles Startup Challenges at IPPIN Accelerator: It was a pleasure to share our insights and experiences at the recent CSIRO Indo Pacific Plastics Innovation Network (IPPIN) – a collective of researchers, innovators and investors redefining the life cycle of plastic (ippin.org). As a company dedicated to sustainability, TURN GREEN faced unique challenges and accomplishments in the startup world. From navigating regulatory hurdles to building a strong team, we've learned valuable lessons along the way. Key takeaways include: - The Importance of Networking: Building meaningful connections is essential for growth and success. - The Power of Resilience: Overcoming obstacles and adapting to change is crucial. - The Value of Agility: Being able to pivot and respond to market trends is vital. We're grateful for the opportunity to connect with other innovators and contribute to the conversation around sustainable startups. Thank you to CSIRO and the Australian Government for the invitation to be part of a community that's not just dreaming of sustainability but actively shaping its future. Join the movement: TURN GREEN www.turngreen.world / info@turngreen.world Our proud members HRK Group // GPS PLAS // PVA PRO JSC #Vietnam #sustainable #ecofriendly #bioplastics #biomaterials #biopolymers #innovation #flexiblepackaging #paperpackaging #naturalfiber

🔥 Exciting news from Seattle! Arzeda just secured $38M! 🚀 - Innovating protein design for diverse industries - Impact on food, pharma, and agriculture - Power of new enzymes for industrial use What innovations will this funding unlock? 💡👇 #StartupGrowth #Biotech #Innovation #FoodTech

Great to see our portfolio company Onego Bio covered in Green Queen Media latest piece, which looks at growing investment into the precision fermentation sector: "By the first quarter of 2024, fermentation-derived protein startups had already raised $228M, dwarfing plant-based investments ($58M). And this is before you include later rounds like Meati’s $100M Series C, Onego Bio’s $40M Series A, and Enifer’s $16M Series B. In Europe, too, fermentation companies witnessed a 12-fold increase in financing since 2020 to reach $76M last year." Read more at: https://lnkd.in/ewms7uv5

Last week, we hosted the latest instalment of our Investor-Founder Mixer Series with a dinner centred around biomaterials. Around the table we had six entrepreneurs from our BioFounder Club and six investors from our BioCapital Network - all either building or investing in biomaterial companies. Attending BioFounder Club companies: 🍺 Arda Biomaterials - transforming spent beer grains into a 100% animal and plastic-free leather-like biomaterial. 
🏗️ Biozeroc - converting waste to carbon neutral construction biomaterials including cement-free bio-concrete. 
👜 Modern Synthesis - utilising nanocellulose-producing bacteria to create a novel class of nonwoven biomaterials to displace plastic films and leathers. 
🍄 Really Clever - discovery platform developing fungi-derived biomaterials that are clean, sustainable, and naturally cruelty-free including an alternative to leather. 
🪵 Sonichem - biorefinery technology converting low-value woody biomass into high-value green chemicals such as lignin, cellulose and hemicellulose. 
🩹 Zentraxa - design and synthesis of novel synthetic peptide biomaterials for personal care, medical adhesive and industrial adhesive applications. 💸 Attending BioCapital Network investors from Amino Collective, CPI Enterprises Limited, Discovery Park Ventures, Future Planet Capital/UK Innovation & Science Seed Fund, Parkwalk Advisors, Rockstart and Zero Carbon Capital. A huge thank you to CPI Enterprises Limited for sponsoring the dinner. If you want to find out more about CPI’s investment activity or our sustainable material capabilities including formulation, functionalisation, analytics for manufacturing, fermentation and cell culture process engineering, process optimisation, scale-up and more - drop Matthew McCann a line! Our Investor-Founder Dinner Series is centred around facilitating meaningful connections between investors and entrepreneurs, enabling them to discuss thoughts on the industry, share investment opportunities and get to know each other in a more relaxed and personal manner. We theme each dinner around a specific area within life sciences. Everyone around the table is either building or actively investing in that space and we aim for a 1:1 investor:entrepreneur ratio. If you’re a life science entrepreneur and want to get involved in a future mixer, sign-up to the BioFounder Club here 👉 https://lnkd.in/eGPu-wqM If you’re a life science investor and want to get involved in a future mixer, sign-up to the BioCapital Network here 👉 https://lnkd.in/ezpNRsCM If you’re interested in getting unique and intimate access to a group of both investors and entrepreneurs, drop us a line about our sponsorship options for these dinners and more! #innovation #venturecapital #founder #entrepreneur #biomaterials #lifesciences #sustainablematerials #BioFounderClub #BioCapitalNetwork

#NYC-based C16 Biosciences Secures $3.5Million in #Funding. The round increased the total to $4.5 million. With the money, the company plans to expand its platform and create food-grade oils and fats by utilising feedstocks that aren’t produced from #agriculture. C16 Biosciences is a #biotech firm that makes biodesigned performance compounds. CEO Shara Ticku leads the company. The company has introduced its first biodesigned #component, torula oil, a bioactive oil that has been clinically #demonstrated to support healthier skin and hair, along with the PalmlessTM platform for sustainable ingredients. C16 Biosciences was founded by the #founders at the MIT Media Lab, and it has funding from Y Combinator, Breakthrough Energy Ventures, and other sources. C16 Biosciences creates sustainable #substitutes for palm oil by utilising novel natural #processes. There is palm oil in everything: their food, clothing, shampoo and even the petrol that runs their cars. C16 Biosciences Shara Ticku Y Combinator David Heller To share your startup story write us on - contact@startuprise.io #c16biosciences #funding #startup

💡 Check out a great overview of the #fermentation industry in this post by Irina Gerry:

Let's introduce more sustainability into the healthcare sector by developing greener pharmaceuticals!    This can look like:  🌱 Pharmaceuticals that degrade more easily to harmless substances in waste- water treatment plants and the environment  🌱 Developing more sustainable manufacturing technology  🌱 Eliminating carcinogenic impurities in pharmaceuticals    Are you the founder of a Belgian circular start-up or scale-up with such a solution?    Apply for the Circular Kickstart's accelerator programme 👉🏽 https://bit.ly/49GmVHl 2024's theme = the Healthcare Challenge.  Challenge 5️⃣: Green Pharma & Chemicals    ↪️ Please repost or tag someone who you think should know about the Healthcare Challenge! 🫶🏻    #circular #kickstart #healthcare #challenge #startups #accelerator #GreenPharma