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Late last year, Solugen , a startup using synthetic biology to take hydrocarbons out of the chemicals industry, decided against pursuing a new round of funding that would have valued the company at over $1 billion, TechCrunch has learned. Chemicals are everywhere and they’re a huge business.
The result was Vertical Oceans , a startup that grows sustainable shrimp in huge “aqua towers”, which can be located inside cities, potentially in facilities that even look like buildings. The towers can incubate shrimp without chemicals or antibiotics, and out of season. There is an indoor system in the U.S.
With several million compounds to choose from, chemists often must resort to intuition when trying to solve complex problems around chemical processes. US multinational Dow Chemical was working with a pulp and paper manufacturer to improve inefficiencies in its chemical process with a goal of producing a better, safer pulp yield.
It occurred to him that automation and robotics could make the drug development process more predictable, and so he founded Katakem , one of the startups in the TechCrunch Disrupt Battlefield 200. “The production of a chemical product is strictly regulated and standardized. Image Credits: Katakem. Image Credits: Katakem.
That’s what InnerPlant founder and CEO Shely Aronov is trying to do with her startup that uses plant physiology to gather loads of data to make farming more efficient and sustainable. Now the company will hire more people in R&D, data and engineering, business development, customer success and marketing. The company raised $5.65
It’s hoped that if carbon dioxide could be converted at the point of emission, we could deal with the climate crisis a lot faster and create a sustainable carbon economy. It claims to be able to capture CO 2 from industrial emitters at the point of emission using “synthetic biology” to develop biocatalysts (bacteria).
CEO Brian Spears has a chemical engineering background and co-founded the company, which makes meat from animal cells, in 2018 after spending 12 years developing research laboratory and industry automation. “We
Petrie, a specialist in crop development, was spearheading the development of omega-3 canola oil, while Leita had a background in chemistry and bioplastics. . Those would be businesses like Geltor, which is currently focused on collagen, or Solazyme, which makes a range of bio-based specialty oils and chemicals. “
As a global chemical company and producer of PET, Indorama Ventures Limited (IVL) has made sustainability a priority for over a decade, from energy and greenhouse gas reductions to increased renewable energy and recycling. This disparity could lead to minor or even catastrophic chemical releases. “In
Discovery and research of new molecular compounds is an expensive business, with development costs exceeding $10 billion per substance in some cases. Part of that comes from the need to closely examine every relevant molecule, studying its chemical composition and interactions as well as its physical structure at the atomic level.
The startup’s customers include companies in the pesticide, chemical, textile pigments, electronics and pharmaceutical sectors that are regulated by strict discharge limits. Oxyle’s wastewater treatment was developed five years ago by co-founder and CEO Dr. Fajer Mushtaq during her doctoral research at ETH Zurich.
To deal with it, Kopal says, Fostering a positive work culture, and offer competitive salaries, flexible work options, and opportunities for professional development. Additionally, these CIOs have also seen the growing assent for sustainable practices. Saloni Vijay sums it up aptly.
British multinational packaging giant DS Smith has committed itself to ambitious sustainability goals, and its IT strategy to standardize on a single cloud will be a key enabler. From a sustainability perspective, utilizing a cloud platform unlocks the company’s data and its value chain’s data end-to-end,” Burion says. “We As for No.
To get its slice of $90 billion PCB manufacturing pie , Tokyo-based startup Elephantech has developed an eco-friendly PCB called P-Flex , using inkjet printing-based electronic circuit manufacturing technology which it says reduces carbon emissions by 77% and water consumption by 95% compared to conventional processes.
Atarraya , creator of Shrimpbox, a sustainable “plug-and-play” shrimp farming technology, is swimming to the surface after being in stealth mode since 2019. We wanted to make the shrimp business more sustainable and more efficient without destroying the environment,” Russek said. “We million in Series A dollars, and a new U.S.
Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” “Prosperity7 inspired us to look into sustainable chemistry,” said Zhavoronkov.
. “I’ve always been passionate about sustainability and climate. “Since then, I have been really focused on sustainable materials research. . “Since then, I have been really focused on sustainable materials research. ” For Rubi Labs, the duo developed technologies and filed a number of patents.
“We don’t give either a competitive edge, but we can as a whole have better alternatives for sustainability in space.”. We want to be the Dow Chemical of space,” Schiel said. “We By 2025, Schiel said he hopes every spacecraft will have a RAFTI on it.
From lithium battery chemical recycling to smart media, blockchain infrastructure to student-centric educational software, and Sub-Saharan African fintech to cultured-meat production, this batch of companies is sure to wow the investors and the audience. With just over a 1.5%
You get a tablet made of household chemicals that can be dissolved in water which can become a cleaning spray for the kitchen, glass and bathroom, with no need to ship the water it is dissolved into because it literally comes out of your tap. Laundry detergent is the biggest chemical emitter in private households. Oxwash bags $1.7M
AgBiome , developing products from microbial communities, brought in a $116 million Series D round as the company prepares to pad its pipeline with new products. Obloj said AgBiome is operating in a $60 billion market where the problems include products that put toxic chemicals into the ground that end up in water systems.
When the company first started developing prototypes of its devices that attach to water coolers, the company’s founders, Josh Santos and Daniel Cavero, did what all good founders do, they started building in their backyard. Noya’s tech works by adding a blend of CO2-absorbing chemicals to the water in the cooling towers.
In this conversation with Foundry, Kopal dives deep into her career progression, the challenges of marrying manufacturing with digitization and WABTEC’s commitment to sustainability. I started out as an application developer. Now I have consciously tapped into the R&D space, product development and the DevOps segment.
While Holy Grail has a long development and testing phase ahead, the idea has captured the attention and capital from well-known investors and Silicon Valley founders. Pereira said the company will instead use electricity to control a chemical reaction that bind to the CO2. Holy Grail recently raised raised $2.7
The resulting representation is richer and more complex, a more complete picture of a molecule than you’d get from its chemical formula or a stick diagram showing the different structures and bonds. billion to spend on sustainability and health-focused biotech. billion to spend on sustainability and health-focused biotech.
XFuel is currently making marine- and diesel-grade fuels and developing aviation fuels. “It The focus here was to develop a technology to be able to produce fuel at a comparable or lower price point than fossil fuels. Today, the Dublin-based startup announced an €8.2 Ball, when pressed, wouldn’t be more specific than that.).
Startup Carbon Clean announced earlier this week that it raised $150 million in a Series C that provides it with a sizable war chest to continue the development of its modular carbon capture system. After all, the world needs to eliminate emissions on a vast scale, and the technology benefits from a certain amount of scale.
Starting in 2015, IndieBio has provided resources to founders solving complex challenges with biotech, from fake meat to sustainability. billion , including companies like Memphis Meats, which develops cultured meat from animal cells; NotCo, a plant-based food brand; and Catalog, which uses organisms for data storage.
The products are all natural and developed by dermatologists. The hope is to reduce chemical fertilizer use, increase crop yields and help farmers grow sustainably. Their first product is The Daily, which is a 3-in-1 moisturizer, aftershave and sunscreen, aimed at reducing the risk of cancer and skin damage. for a subscription.
The startup is developing materials from seaweeds such as Macrocystis pyrifera, one of the planet’s most renewable and regenerative organisms, creating yarns and fibers that don’t rely on petroleum or toxic chemicals. “Sustainability is no longer a luxury; it has become a requirement,” Callaghan said.
The new process enables fisheries and processors to achieve verifiable sustainability certifications more easily and quickly. Remedy Scientifics technology platform dramatically accelerates this process, unlocking the development potential of contaminated sites across the country.
Meat alternatives are known to have some chemical preservatives and other hard-to-pronounce ingredients in them, which can defeat the purpose of seeking out a healthier option. There are even startups looking into that, like Shiru, which recently raised $17 million to develop more healthier bonding agents for meat.
There’s a lot of value in waste; just ask metals processing company Nth Cycle , which has developed a technology to help mining and recycling companies recover every bit of critical minerals from their operations. We’re really only innovating on the chemical recycling side of things,” she said. “We’re
Industry-specific Attributes: Chemicals, electronics, pharmaceuticals, etc. By categorizing items, procurement teams can develop tailored sourcing strategies for each class of items. Procurement processes for hazardous chemicals include adherence to safety regulations, proper documentation, and special handling procedures.
Designing and manufacturing pouches, slabs or cylinders filled with volatile chemicals that are capable of recharging ever more quickly is far from easy. We basically leverage AI/ML to speed up the development process to find the most optimum design.” “Batteries are hard,” an expert once said. He wasn’t kidding.
We have biological approaches that include ecosystem restoration, seaweed cultivation and iron fertilization; chemical solutions where you use minerals to lock dissolved carbon dioxide into bicarbonates; and electromagnetic approaches that store carbon by running electric currents through seawater.” We spoke with: Daniela V.
China through its mining companies and battery manufacturers is currently in the lead , thanks to a years-long push to control both the supply of lithium and develop massive new manufacturing capacity to meet global demand. Meanwhile, privately-held and venture-backed startups are developing other recycling solutions.
Transitioning toward a sustainable economy Global regulations regarding ESG targets have become stricter, requiring companies to be more accountable for how they address the adverse impacts of their operations. ServiceNow’s workflow engine breaks down siloed data to speed up sustainability reporting and improve the reliability of the results.
So the leaders at Clariant International , a leading specialty chemical company, decided to build a tool that would monitor and analyze future price changes on finished goods instantly so they could make pricing decisions that pass-through costs to the value chain. What does a specialty chemical company make?
We might not normally pause on this kind of development, especially in a market where dozens of startups are announcing funding every day, but this deal stood out for a few reasons. Earlier this week, Thirteen Lune , a direct-to-consumer beauty platform that was launched last year in LA, announced $3 million in seed funding.
In other words; probably better for both you and the planet than that bar of soap made from industrial chemicals and a slowly deteriorating will to live. Uni’s product line — shampoo, conditioner, hand wash, body serum and body wash. .
Italian climate startup Energy Dome , which has developed a “CO 2 Battery” for storing renewable energy, has closed a €40 million (~$44M) Series B round — bringing the total raised for its novel energy storage solution to €54M (or just shy of $60M).
Fermentation has a long, rich history in food production, from beer and wine, to yogurt and cheese, leavened bread and coffee, miso and tempeh, sauerkraut and kimchi, to name just a few of the tasty things we can consume thanks to a chemical process thought to date back to the neolithic period. “And make having a food an act for good.”
Instead, organizations must build frameworks and capabilities that allow for continuous adaptation to changing circumstances—from collaborative structures to business models, sustainable production, and contributing to a healthier work/life balance for employees. Invest in creativity for radical innovation.
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