Faros Accelerator’s Post

Last month, ÄIO officially launched operations at their newly established Pilot Plant. 🚀 This Pilot Plant is equipped with state-of-the-art technology, their facility boasts a 350L bioreactor dedicated to food-grade production. This advancement holds immense potential to revolutionize the realms of food, cosmetics, and chemicals. Jana, Indrek & Aneth from team Beamline visited ÄIO's office & lab! 🧪 Thanks for the invitation ÄIO people! We're always excited to see the newest features of our startups with our own eyes! 👀 ÄIO has been in Beamline's portfolio since 2022 when the startup was founded. ÄIO is producing future-shaping fats and oils from by-products (such as forestry residues and food industry side streams) to replace palm oil, coconut oil and animal fats with sustainable and healthier alternatives. ÄIO - keep rocking, 'cause the #future is yours! 🤩 #startupsuccess #labtechnology #cleantechstartup #investments #BeamlineAccelerator #greentech #foodtech #pilotplant

🌟✨ Thrilled to announce that Lignopure has secured a whopping €2.4 million to fuel our sustainable innovations in the industries of cosmetics, food, and textiles! 🌿🌍  🌿 Lignopure, the innovative Hamburg-based startup founded in 2019 by Daniela Arango Ospina, Joana Gil Chavez, and Wienke Reynolds, has raised €2.4 million in a new financing round led by NBank Capital Beteiligungsgesellschaft mbH. This significant investment will propel their mission to introduce sustainable lignin-based solutions to various industries, positively impacting the environment and human health. Key Highlights: ♻️ Upcycling lignin, a natural by-product from wood, grasses, and cereals, to create innovative materials for diverse industries. 🌱 Expanding the LignoBase product line, launched in 2023, which is already revolutionizing the cosmetics industry with its multifunctional, biobased ingredients. ⭐ Bringing sustainable lignin solutions to the food, textile, and other biobased materials industries, ensuring greener alternatives across multiple sectors. A huge shoutout to the incredible Lignopure team for their dedication and hard work! 🏆 ☘ Stay tuned for more updates as Lignopure continues to lead the way in sustainable innovation! 🍀 #Lignopure #SustainableInnovation #GreenTech #Lignin #BiobasedSolutions #CosmeticsIndustry #FoodIndustry #TextileIndustry #StartupSuccess #InvestmentNews

🌍🚀 We are thrilled to announce that ecoLocked has successfully closed a new funding round of €4M, led by Matterwave Ventures and Climentum Capital. 🎉 We are incredibly grateful for the continued trust and support from our existing investors Counteract, Startup Family Office, Sabancı Building Solutions, and VOYAGERS.io. Your unwavering belief in our mission drives us forward every day. 🙏 💚 This funding will accelerate our efforts to turn buildings into carbon sinks, scaling our innovative biochar-based solutions and enabling 1Gt carbon removal by 2040. Together, we are making strides towards a net-zero future - one concrete structure at a time! Please check our website to explore and order our first product 𝐞𝐋𝐌 𝐙𝐞𝐫𝐨, explore our 𝐧𝐞𝐰 𝐣𝐨𝐛 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬, and learn more about 𝐮𝐩𝐜𝐨𝐦𝐢𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬. Thank you to our investors, advisors, partners, and the entire ecoLocked team for your dedication and hard work. Onwards and upwards! 🌱🏢💪 1.5° Ventures, Alliance for Low-Carbon Cement & Concrete, better ventures, Bundesverband der Deutschen Transportbetonindustrie e. V. (BTB), Deutscher Verband für negative Emissionen e.V. (DVNE), DGNB German Sustainable Building Council, European Biochar Industry Consortium (EBI), German Biochar e.V. (Fachverband Pflanzenkohle e.V.), RESPOND, remove, solid UNIT e.V., Startup Basecamp, Tech for Net Zero Andy Bonsall, Christian Olshausen, David Rowan, Doerte Hirschberg, Hamdi Hafizoglu, Ines Kolmsee, Jeff Katz, Dr. Julian Weisbrod, Lorenzo De Angeli, Martin Mittermeier, Martin Unger, Tobias Lechtenfeld, and many more. ➡️ Link to Press Release in the comments! #FundingAnnouncement #Sustainability #ClimateTech #ConstructionInnovation #CarbonRemoval #ecoLocked

We proudly present … SALGI from Batch#10 in the SCE Accelerator Program: SALGI provides a sustainable water desalination with algae. The idea: Although more than 70% of our earth's surface is covered by water, the lack of clean drinking water is already one of the most pressing resource conflicts worldwide. In fact, only 2.5% of all water is available as usable fresh water and this is mostly in economically strong regions that are climatically favorable. Our goal is to counteract this water shortage, but not through the use of energy-intensive and environmentally harmful processes. Instead, we rely on proven biological processes that have developed over millions of years. We cultivate algae in salt water, which, due to its natural properties, continuously absorb salt and thus convert salt water into clean fresh water. The founders: The founders are Uxía García Vázquez and Thomas Kinkeldei. We at Hochschule München and Strascheg Center for Entrepreneurship gGmbH are looking forward to our joint journey with SALGI! #startups #accelerator #straschegcenter #scemunich #hochschulemünchen

Captura, an ocean-based carbon capture startup, has raised $21.5 million, expanding its Series A funding. 💵 Founded at Caltech, Captura's technology extracts CO2 from seawater, enhancing the ocean's capacity to absorb atmospheric CO2. 🌊 The company currently operates two pilot plants in California, and is collaborating with Equinor for a third in Norway. This new plant will be installed at the end of the year and be able to draw down 1000 tons of CO2 annually. 🌎 This funding supports Captura's move towards large-scale commercial deployment, with plants aiming to capture tens of thousands of tons of CO2 every year. What do you think about using the ocean to capture CO2? Share in the comments below. 🪸🦑🦈 #decarbonization #carboncapture #carbonremoval #CCUS #innovation #technology #startup

📰 Reading recommendation: interesting Handelsblatt story in today's print edition written by Nadine Schimroszik on how alcemy is making cement and concrete more sustainable. 🚀 alcemy has just closed a €10m USD funding round, led by Norrsken VC. 🚀 The fresh capital will be used for continued research and development and to support alcemy’s entrance into multiple new markets in 2024, including the US.🇺🇸 Concrete is one of the most ubiquitous materials upon which society is built. At the same time, it’s one of the biggest polluters on the planet.🌍 With alcemy’s AI-driven platform and software, cement and concrete producers can reduce the clinker content step by step, resulting in up to 65% emissions reduction. Read more at Handelsblatt: https://lnkd.in/dRwYY4-2 #impact #climate #sustainability #startup #funding #vc Cosmyc Partners

Check out this cool Handelsblatt story about alcemy written by Nadine Schimroszik

Today the startup teams of batch 6 of the Circular Economy Accelerator program visited Lhoist Group, the world's largest producer of lime and dolomite products, at their quarry in Wülfrath. We would like to thank Tobias Dickmann and Dr. Martin Volmer for their hospitality and interesting insights into the company's activities. It was made clear by them that as part of the basic materials industry, Lhoist's products can be found in countless downstream value chains. Applications include steel and iron, agriculture, construction, animal hygiene, animal feed, sugar processing, renewable energy, rail transport, fluid gas treatment, drinking water, e-mobility, chemical industry, civil engineering, data centers, wastewater treatment, and the glass industry. They also emphasized that sustainability is at the forefront of Lhoist's activities. Since CO2 is an unavoidable by-product of the calcination process that turns limestone into lime, the company is seeking solutions for carbon capture and storage technologies and renewable energy. Lhoist also aims to increase its involvement in circular processes by recycling, reusing and valorizing waste streams to create new business opportunities. Consequently, there was a great deal of mutual interest between the lime company representatives and the startups, which was reflected in the number of questions asked afterward and by the many business cards exchanged. #siliconvalley #circularvalley #circulareconomy #gigaimpact #sustainability #homeofcirculareconomy #accelerator #startup #kreislaufwirtschaft #heimatderkreislaufwirtschaft #nachhaltigkeit #rheinruhr

Discover the groundbreaking initiative by Agtech Startup Applied Carbon, which has recently secured a $21.5M in Series A funding to bolster its biochar technology. With an impressive lineup of investors including TO VC (to.vc), Congruent Ventures, and many others, Applied Carbon is set to revolutionize agricultural practices through enhanced carbon removal in the Southwestern U.S. Explore more about how Applied Carbon's commitment to sustainable development is shaping the future of agriculture in the latest feature. https://lnkd.in/e-x6SnFA #FoodTech

#AgriTech Breakthrough: NanobOx's Game-Changing Nanobubble Innovation Dublin's own nanobOx has just infused the agriculture and aquaculture markets with fresh potential, securing a $1 million injection from The Yield Lab, DeepIE Ventures and Growing Capital to power its pioneering nanobubble technology. This leap forward could redefine efficiency in gas transfer to water, a boon for multiple industries. Why It Matters: 💧 NanobOx's tech paves the way for massive energy savings, using less power than a lightbulb. 💧 With 90% oxygen-transfer efficiency from ambient air, it far outstrips the less than 20% efficiency of current methods. 💧 The tech targets the $50 billion water aeration market, ripe for disruption with more sustainable solutions. Market Impact: $ The funding win positions NanobOx for accelerated field trials and the potential to reshape the economics of water treatment processes. $ Companies focusing on sustainable, energy-efficient technologies may find new investment favorable and strategic partnerships vital. $ Innovations like this can attract further R&D and open markets for high-efficiency, low-energy solutions. The Takeaway: NanobOx isn't just tweaking current methods; it's steering the industry towards smarter, more sustainable practices with implications that extend far beyond its Irish roots. For investors and industry players, take note - efficient and eco-friendly technologies are not just the future, they're the present. For continued coverage on innovative market leaders, connect with us at Market Unwinded – Your source for the business strategies shaping tomorrow. #NanobubbleTechnology #AgriTech #Aquaculture #EnergyEfficiency #SustainableSolutions #Innovation #MarketUnwinded #BusinessStrategy Discover more about this technological leap: https://lnkd.in/gBA_27hK