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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.
Part of the complex process that turns raw materials into finished products like detergents, cosmetics and flavors relies on enzymes, which facilitate chemical transformations. These large, complex molecules bind to other substances in a way that facilitates a chemical reaction, say turning sugars in a cell into a more usable form of energy.
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.
Upcycling polyethylene (the normal ubiquitous plastic we are all familiar with) into high-value plastics that can compete with “virgin” plastic (meaning plastics made directly from petro-chemicals) is a fiendish problem to solve. Novoloop is setting out to transform plastic waste into high-performancechemicals and materials.
Novoloop , a plastic upcycling startup, said Wednesday it has raised a $10 million Series A extension round co-led by South Korean chemical firm Hanwha Solutions and Taizo Son’s Mistletoe. Novoloop’s mission is to create a circular economy by transforming low-value plastic waste into high-quality chemicals and materials, Wang added.
The startup’s customers include companies in the pesticide, chemical, textile pigments, electronics and pharmaceutical sectors that are regulated by strict discharge limits. While earning her masters, Dr. Mushtaq worked with synthetic chemicals to develop new nanomaterials for biomedical applications. Oxyle’s team.
The energy-intensive process of separating and purifying chemicals and gases is a big reason why industries like plastic manufacturing cause so much pollution. UniSieve is already making revenue and currently has over 24 clients, including chemical and energy companies. Today the Zurich-based startup announced it has raised $5.5
Oil refineries and plastic production, for instance, may give off various hydrocarbons and other mixed gases and chemicals, and to separate them requires further processing and emissions. Huge numbers of fibers are bundled together into tubes through which the input gas is forced, with no chemical reactants required.
Printed circuit boards ( PCB ), which perform essential functions in electronic devices, including displays and sensors, need a lot of energy to create. In August, the startup announced a dye removal technology called neochromato , co-developed with Japanese textile chemical company Nicca Chemical.
To show that these improvements in the Azure Quantum compute platform can address real-world challenges, the partners also demonstrated the first end-to-end chemistry simulation combining reliable logical quantum computation with cloud high-performance computing (HPC) and AI.
The money will go toward funding a refueling trial that’s due to launch as early as the end of 2022, in which the company plans to send to space two refueling shuttles that will repeatedly perform a three-step dock, transfer fuel and undock process. We want to be the Dow Chemical of space,” Schiel said. “We
Immunai’s approach to developing new insights around the human immune system uses a ‘multi-omic’ approach – essentially layering analysis of different types of biological data, including a cell’s genome, microbiome, epigenome (a genome’s chemical instruction set) and more.
Using high-tech imaging techniques, the company claims to map the physical and chemical composition of fields faster, better, and more cheaply than traditional techniques, and has raised $10M to scale its solution. The best way to check these things, however, involves “putting a really expensive stick in the ground,” said Dyrud.
These networks are not only blazing fast, but they are also adaptive, using machine learning algorithms to continuously analyze network performance, predict traffic and optimize, so they can offer customers the best possible connectivity.
It also manipulates a sample such as blood, urine, saliva or sweat inside a tiny channel to perform a chemical or biological process. The microfluidic “lab-on-a-chip” technology uses spectrometry and real-time end-to-end measurement to eliminate the measurement timing issue of conventional test strips.
The Vibrant Capsule, however, “once swallowed, kickstarts the natural impulses of your intestinal wall to contract, relax and get things moving again — without the use of chemicals,” the company said in a statement. The results showed that those who took the Vibrant Capsule were more likely to experience a bowel movement within three hours.
Industry-specific Attributes: Chemicals, electronics, pharmaceuticals, etc. Suppliers of critical raw materials are managed with rigorous quality checks and regular performance reviews, while suppliers of office supplies are evaluated based on cost-effectiveness and timely delivery.
The three-pronged technology includes biofloc technology, which creates an ideal environment to protect shrimp from disease and so they can grow without the need for antibiotics or harsh chemicals and with minimal need for water discharge.
The company on Wednesday unveiled the release of Generative Chemistry and Accelerated DFT, which together expand how scientists in the chemicals and materials science industry can use its Azure Quantum Elements platform to help drastically shorten the time it takes them to do research, the company said in a blog post.
AMP claims that Cortex can perform 80 to 120 picks per minute while remaining accurate with respect to what it’s sorting where. In addition to providing robotics infrastructure and software to customers, AMP resells recyclable commodities like bespoke chemical and polymer blends to end-market buyers.
Catalog’s custom-developed DNA writer, Shannon, is capable of hundreds and thousands of chemical reactions per second. As a reference point, the high-performance computing market is currently about $40 billion annually, and growing rapidly,” Park said when asked regarding the global market size.
It looks a bit chaotic, but the material is carefully engineered to interact with the other chemical components of the electrolysis process (mainly water and a catalyst), and by forming a sort of 3D sponge structure rather than a flat or rough one, it doubles the surface area that reaction can happen on. .”
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. .” Atomwise’s machine learning-based drug discovery service raises $123 million.
In recent years, technology advancements like cloud computing, data analytics, and Internet of Things (IoT) devices have created new opportunities for chemical companies but also new pain points as they’ve been required to move out of their comfort zones to digitally transform. Enter: cloud modernization. Quick Takeaways.
Dow is reaping the benefits of a year-long program to roll out new digital technologies to one of its largest manufacturing sites, resulting in improvements in performance, reliability, and employee experience. Melanie Kalmar was Dow’s CIO through all of that. Using an older and slower wireless technology hasn’t hurt the project, though.
Terra Drone has about 500 customers including oil and gas companies like Shell, Chevron, BP, ExxonMobil, ConocoPhillips, Vopak and Japan’s Inpex Corporation as well as chemical companies like BASF and Kansai Electric Power.
“Using complex, open-ended research environments to test the performance of agents on a significant battery of intelligence tests is the approach most likely to help us identify and fill in those aspects of human intelligence that are missing from machines. ” Image Credits: Generally Intelligent. .”
From there, a series of enzymatic and chemical reactions are performed that draw out DNA molecules. Those reactions are performed by liquid manipulating robots , or in some cases by hand. The DNA sample prep process starts with a biological sample, like blood, saliva or even plant tissue.
By analyzing vast datasets, AI can identify new chemical combinations and potential treatments for diseases like ALS and Alzheimer’s. This not only scales human effort but also enhances diagnostic accuracy, enabling radiologists to focus on more complex cases and significantly reducing the risk of oversight.
The funding is being led by a strategic backer, Koch Disruptive Technologies , the investment arm of industrial giant Koch Industries (which has interests in energy, minerals, chemicals and related areas), with participation also from new investors State of Mind Ventures, Atento Capital, Summit Peak Investments and Delek-US.
CarrotFI is a platform that focuses on optimizing mortgage asset performance, and avoiding foreclosures. The hope is to reduce chemical fertilizer use, increase crop yields and help farmers grow sustainably. Professors can upload their syllabus, integrate other technology like Zoom, Google Docs, etc.,
But to fulfil this potential, a 400G solution must fulfil two key criteria to be effective and cost-efficient: In terms of transmission performance, a 400G solution must be as stable and coherent as 100G and 200G networks, to fulfil long-haul and ultra-long-haul backbone transmission requirements.
We’re not trying to disintermediate a market full of hyper-specialization where one of the defining characteristics of the informal sector is you have all these middlemen and agents performing a very narrow role,” Adesina said to TechCrunch. “ Sabi makes money by taking a transaction fee when any merchants perform any sale on the marketplace.
measurable characteristics of an organism] it is you care about, whether it’s sequestering carbon or killing insects or fungi, then rapidly getting down to the set of organisms or genes that are performing that particular function,” said Slater. . “The key is knowing how to select or screen for whatever phenotype [i.e.
It is possible today to manufacture, install and operate gigawatts of offshore wind energy using technology and equipment that is well-established and has years of operational data to help us understand its performance. Offshore wind is the only ocean-based renewable technology that meets these criteria today.”
Its system works by changing the chemical compound, CO 2 , from gas to liquid and back to gas (via compression and/or evaporation) in order to generate heat — which is either stored or used to drive a generator depending on whether the system is in charging or discharging mode.
Chris Nardecchia, SVP and chief digital and information officer, Rockwell Automation Rockwell Automation Chris Nardecchia: I started as a chemical engineer doing chemical engineering things, building and operating chemical and nuclear processes, producing polymers and nuclear fuel, etc.
An April 2021 study , for example, found that statistical models used to predict suicide risk in mental health patients performed well for white and Asian patients but poorly for Black patients. OpenBioML is starting with safer territory, wisely.
One potential solution to this challenge is to deploy self-service analytics, a type of business intelligence (BI) that enables business users to perform queries and generate reports on their own with little or no help from IT or data specialists.
When Aldo Noseda became CIO at chemical manufacturer Eastman five years ago, he immediately began working with other leaders in the company to bring a new category of services to the market that complemented its physical products. This helps end installers perform their job, which is both an art and a science.
Called Claude, Anthropic’s AI — a chatbot — can be instructed to perform a range of tasks, including searching across documents, summarizing, writing and coding, and answering questions about particular topics. In these ways, it’s similar to OpenAI’s ChatGPT.
Be it to produce bulk chemicals, packaged goods or to perform critical cleaning processes in food and drug production, batch processes form a critical part of the manufacturing value chain where inefficiencies cost billions of dollars each year.
During COVID-19 lockdowns, for example, specialty chemicals manufacturer Albemarle developed a VPA to provide self-service assistance to over 7,000 employees at home, including a natural language interface with a chat bot, and enough AI to help people interface seamlessly with several business applications at a time. “We Cretella agrees.
As an older company with a spate of recent acquisitions, some of the work performed in its hundreds of factories remains manual labor while others are fully automated warehouses with robotics lifting palettes. Additional applications will be migrated in lift-and-shift fashion while other legacy applications will be rebuilt from scratch.
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