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Biotech can often, and sometimes literally, fly over our heads. For IndieBio, a science and biotech accelerator run by VC firm SOSV, this unprecedented year offered high stakes and new challenges. Today and tomorrow, the biotech accelerator is hosting its twice-annual demo day. Image Credits: Witthaya Prasongsin / Getty Images.
Techstars , a network of startup accelerators and an investment company, is launching a new accelerator in Paris called Techstars Sustainability Paris. With this sustainability-focused accelerator, Techstars is hitting the reboot button. Every year, Techstars Sustainability Paris plans to accept 24 startups across two batches.
We aim to cover a lot of food categories, but by replacing them with sustainable and nutritious ingredients.”. Both the food ingredients and plant-based proteins markets are poised for steady growth. Beyond Meat’s plant-based ‘chicken’ tenders are coming to grocery stores.
Reporter Dominic-Madori Davis moderated a discussion with Yin, Mike Asem (founding partner of M25), and Accel partner Rich Wong that elicited suggestions for early-stage founders who don’t live in the 415 area code and spilled the tea about “the emerging markets on their radars.”. 5 tips for launching in a crowded web3 gaming market.
Sifting through the trillions of molecules out there that might have powerful medicinal effects is a daunting task, but the solution biotech has found is to work smarter, not harder. We will be hiring more top notch AI researchers, software engineers, medicinal chemists and biotech talent, as well as building our own research labs.”
While the New Zealand-based company is still at an early stage – it’s about halfway through its proof of concept – if Humble Bee is successful, its bioplastics are likely to make it into the sustainable textiles industry. Humble Bee, which just raised $3.2 “It’s resistant to acids and bases. .
The new fund is just the latest example of investor excitement about healthcare- and biotech-related uses for AI. Venture funding to AI-related biotech and healthcare startups hit only $4.8 billion was raised by AI-related biotech/healthcare related startups. billion in 2023, a significant decrease from 2022.
The life sciences industry is characterized by unique challenges and complexities, requiring leaders who deeply understand scientific advancements, regulatory frameworks, and highly dynamic market conditions.
Resilience’s founders identified problems in the therapeutic manufacturing process as one of the key problems that the industry faces in bringing new treatments to market — and that hurdle is exactly what the company was founded to overcome. billion to spend on sustainability and health-focused biotech. “It
UMI’s decision to invest in Boost comes from our evaluation of their team, technology, and the associated market opportunities. “These are critical areas to achieve food security and promote sustainable agriculture. Boost is already working with an undisclosed biomanufacturing partner to develop its bio-fungicide.
Of course, biotech and fintech were in there too. tied) Serán Bioscience , $200M, biotech : The big biotech raise this week went to Serán Bioscience. The cash will be used to help complete AirPlant One, the company’s first sustainable aviation fuel plant. The new valuation represents a 62% jump from its previous $1.3
The industrial biotech startup is working on bringing a novel protein to market — one it says will offer a nutritious, sustainable alternative to animal-derived proteins. But if this 2017-founded Finnish startup, Solar Foods , has its way fermentation could have a very special place in the future of human food too.
Ayeni has a similar function at Helios Digital Ventures: to spot and back disruptive startups in frontier markets, particularly in Africa and the Middle East. . What we’re trying to do from a strategy perspective is to say what sectors are large enough from an addressable market point of view and affect or impact the mass market.”.
The global meat substitute market was valued at $4.51 Growing up with a father who was a food marketer, Boyd Myers said she saw firsthand what eating a diet of fast-food can do to a person and was always looking for more healthy food options that also had a positive benefit for the planet. AKUA co-founder and CEO Courtney Boyd Myers.
The process involves synthetic biology, deep learning and genomics tools that produce fats that are more sustainable than the current oils, like coconut, that are used in plant proteins, but also mimic animal-based analogs in terms of flavor and texture, CEO Yulin Lu told TechCrunch.
To examine the market forces and psychology driving climate tech, we surveyed an international group of investors to learn about how they evaluate new opportunities and what they’re looking for from the entrepreneurs who approach them. We’re constructive around things like voluntary carbon markets. I think it varies.
Indeed, two of the best funded companies in the lab-grown meat market hail from The Netherlands, where Mosa Meat is being challenged by a newer upstart, Meatable , which just announced $47 million in new financing. Strategic investors like DSM, one of the largest food biotech companies in Europe should help.
Louis, Missouri-based venture capital firm soon after completing high school, 23-year-old Williams has backed dozens of companies — with a special interest in agtech and biotech and including a couple of very large tech companies that he’s not at liberty to mention. An early win we had was with Agrible and its sale to Nutrien.
Our survey respondents think the ecosystem is strong in sustainable energy, medtech, food tech, life sciences, marketplaces, deep tech, gaming and media. The investment scene is described variously as focusing on software, clean tech, life sciences, biotech, organoids, 3D bioprinting, AI and VR/AR. Utrecht is a bit lagging.”
Around 7,000 tech workers have joined the ranks of the Armed Forces or Territorial Defense Only last month, OneUkraine sprang up from a host of major European tech founders and investors, who plan to provide sustainable humanitarian relief for the Ukrainian people. Markets: 39 new countries (169 in total). It raised €2.5
In tandem, a large cohort of startups have scaled up over the past few years with offerings aimed at slowing, sustaining or even shaving years off biological age. That’s because many of the companies working on biotech breakthroughs that could increase lifespans don’t pitch themselves as longevity startups.
However, it wasn’t just AI that got funding in September, as biotech makes up about half the list. Candid Therapeutics , $370M, biotech: The biggest biotech raise of the month went to Candid Therapeutics. Arsenal Biosciences , $325M, biotech: South San Francisco-based Arsenal Biosciences had the next biggest biotech raise.
We want to create a sustainable and humane process that delivers the same flavors, smell and experience in an affordable and accessible way,” he told TechCrunch. He expects to be able to go to market in 2022, pending approval from the U.S. He also sees demand for products coming from markets that eat a lot of pork, like Asia.
Munich-based QOA is gearing up to be among the first to bring a chocolate product to market that is 100% cocoa free. We love chocolate, however, we realized that there are some sustainability risks and wanted to do something about it so we can still have it in the future.”.
Sales of plant-based alternatives, like dairy and meat, are surging in the global market , and Perfeggt wants to do the same for the egg. Backers in the round include EVIG Group, Stray Dog Capital, E2JDJ, Tet Ventures, Good Seed Ventures, Sustainable Food Ventures and Shio Capital. Today, the company announced it raised $2.8
We want to change the food industry in a way that we make food sustainable, nutritious and deliver it at no cost to our dearest animals, in our case, the bees,” he told TechCrunch. MeliBio will produce honey in three shifts, 365 days per year and make it a price parody with honey on the market.”.
It’s been a big two years for biotech investors. But I think more of it is that some major theses in the markets are being proven out,” he says. . This new approach, ideally, would help the market pivot away from sunscreens that have been shown to harm the environment, particularly coral reefs and other marine life. .
The venture market was down 38% last year as investors continued to reel back their funding with money becoming more expensive and liquidity options drying up. With its cash-intensive research and long product-to-market lead time, it usually is not attractive to investors in a down market where cash is king.
Alongside the funding, the company is also bringing on a number of key senior executives, including Claire Vo (formerly of Optimizely) as chief product officer, Emily Reuter (formerly of Uber, where she played a key role in its IPO process) as VP of Strategy and Operations, and Ashley Chandler (formerly of Stripe) as VP of Marketing.
Formation Bio , $372M, biotech: Every week there is a big biotech raise and this week’s is really big. More and more biotech startups are using AI to help with their drug processes and investors are clearly taking note. Sidecar Health believes a free-market approach will ensure healthcare is more accessible and affordable.
It’s worth acknowledging that there is a sizeable element of marketing magicianship to this announcement. But at the same time, it’s also a promotional campaign for cultured meat in general, and the role it could play in creating a sustainable protein source that doesn’t involve killing animals.
After a quiet holiday week, investors were back in action dishing out big rounds to startups in robotics, biotech, healthcare and more. Element Biosciences , $277M, biotech: It’s hard to get through a week without a big biotech raise, and this one’s no different. based companies? Check out The Crunchbase Megadeals Board.
Large fundings were also raised by several deeptech and energy sustainability companies: electric vehicle developer Hozon ; solar provider Pine Gate Renewables ; and quantum computing company PsiQuantum. Top sectors Biotech and healthcare was the leading sector by funding amount in April. Companies in that space raised $5.7
While countless companies are developing alternative and more sustainable ways for humans to get their protein fixes such as through lab-grown meat , others are tackling the underlying problem from a different angle by exploring new ways of fostering the traditional meat and fish populace through insect protein. InnovaFeed at work.
Every company wants to increase revenue and find new revenue streams, so clearly FTV sees a growing market for the Denver-based startup’s platform. tied) Accent Therapeutics , $75M, biotech: Another week, another big biotech round. Founded in 2012, the company has now raised $104 million, per Crunchbase.
Bluu Seafood , a German company developing “lab-grown” fish, is showcasing its first finished products as it prepares to begin the regulatory approval process for key markets in Asia, Europe and North America. So it’s clear there is a real push toward creating sustainable “synthetic” seafood.
Sustainable technology: A competitive advantage for businesses Greg Bentham 03 Sept 2024 Facebook Twitter Linkedin The strategic imperative of sustainable technology In today’s fast-paced business environment, sustainable technology isn’t just a nice-to-have – it’s a strategic imperative. Behavioral r esistance : Change is hard.
Ashkenazi Otmazgin expects these products to hit the market in 2023. She also claims the market potential for functional ingredients is huge, about $22 billion per year. Is cell-cultured meat ready for prime time? Helping to accelerate the products is a new $3.2 million seed round that was closed in January.
The vegan food market was pegged as a $27 billion industry last year , a figure that’s expected to more than double within a decade. The company will also need to go through regulatory approval processes in its target markets, including Novel Food in the EU and GRAS (Generally Regarded as Safe) in the U.S.
This results in operational cost reduction by eliminating the need to replace their existing fleet and yields a safer, more efficient and sustainable transportation system,” CEO Raghavender Sahdev tells TechCrunch. The Hurd Co. Image Credits: The Hurd Co. The Hurd Co.’s
Other fungicides on the market today require seven days before re-entry and pre-harvest, Uknes explained. We want to feed the world responsibly, and these products have the ability to substitute for synthetic chemicals and provide growers a way to protect their crops, especially as consumers want natural, sustainable tools,” he added.
Cityblock Health is focused on providing affordable, human-centered healthcare in lower-income and marginalized communities, while also building sustainable business models. So, yes, I would have designed it differently and I’m also not content to b h and moan about it. We’ve got to do something.”.
The global wholesale market of next-generation fabrics to replace leather, silk, down, wool, fur and exotic skins with plant-based, microbe-derived, mycelium, recycled and other sustainable materials is projected to reach approximately $2.2 Its pre-money valuation is approximately $40 million (50 billion WON), according to Sah.
The company is seeking chemists to beta test the device, particularly those in corporate and academic settings, to collect data that it plans to use to train an algorithm that can recommend “faster and more sustainable” ways to develop molecules. Image Credits: Katakem. Image Credits: Katakem.
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