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BluePallet , an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical distributor Vinmar International. . and Bruce Schechinger, former chairman of the National Association of Chemical Distributors. .
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.
Dan Cohen was on the hunt for a coating that could keep ice, snow and frost off of solar panels when he discovered a technology that could cut costs and reduce the environmental footprint of a broad section of products from aircrafts and drones to medical devices, pipelines and even sailboats. How it works. Take a lotus leaf, for instance.
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.
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. While the solution would be to not do that, not doing that would mean produce doesn’t grow as well, he added.
Atarraya , creator of Shrimpbox, a sustainable “plug-and-play” shrimp farming technology, is swimming to the surface after being in stealth mode since 2019. That grew into aquaculture farming technology with Russek and his team creating a startup company around it called Maricultura Vigas. million in Series A dollars, and a new U.S.
The startup says its engine’s thrust and efficiency are a “generational leap” ahead of any other electrical thrusters, opening up the space industry to completely new types of missions that were not possible before, without resorting to much larger, expensive and heavier chemical thrusters.
The first viable, non-toxic chemically derived sugar substitute was discovered in the late 18th century by a German chemist. “The problem that their technology addresses isn’t the problem the industry has,” Simmons said. Supplant’s technology uses enzymes to break down and fragment various fibers.
Maria Lepskaya is a senior associate at Runa Capital , leading investments in different branches of quantum technologies and advanced materials. While they don’t perfectly reflect technological progress, they showcase investors’ willingness to write checks for the industry.
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-performance chemicals and materials.
Or that the company would wind up raising money from Breakthrough Energy Ventures, the billionaire-backed investment vehicle focused on financing companies developing technologies to reduce greenhouse gas emissions, and some of the world’s largest industrial and oil and gas companies. Night image of an industrial manufacturing plant.
Zurich-based Climeworks is capturing CO 2 from the air via commercial carbon dioxide removal technology, and has raised $784 million so far. These then convert the carbon dioxide into chemical compounds that are sold back to industry. ” Synthetic biology technology is already starting to be widely applied in a number of areas.
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. The round, which UniSieve said was oversubscribed, included participation from the Amadeus Apex Technology Fund, Wingman Ventures, CIECH Ventures and Zürcher Kantonalbank.
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.
With Katakem, Oliverio aims to develop what he calls a “robot chef” for chemists — a device that makes chemical reactions more consistently reproducible while accelerating the experimental process. “The production of a chemical product is strictly regulated and standardized. million ($1.27
“Through this collaboration, we’re bringing a new generation of reliable quantum hardware to customers by integrating and advancing Atom Computing’s neutral atom hardware into our Azure Quantum compute platform,” Jason Zander, executive vice president of strategic missions and technologies at Microsoft, wrote in a blog post Tuesday.
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.
She’s now a co-founder at Animal Alternative Technologies, a startup aiming to expedite the commercialization of cultured — aka “lab-grown” — meat. Clarisse joined us for this week’s episode of Found , our interview podcast where we speak to a different founder every week.
Soelect, a battery technology startup based in North Carolina, has closed an $11 million Series A round. It plans to use the fresh capital to scale its fast charge-capable anode technologies that might enable the next generation of batteries for electric vehicles.
The towers can incubate shrimp without chemicals or antibiotics, and out of season. called Tru Shrimp, which is not specifically vertical farming but is developing a scalable indoor farming technology. It’s now expanding into a new facility adjacent to downtown Singapore where it will develop its technologies at full scale.
Even the diehard people that love chemicals, that love tilling the earth and other practices that have been releasing carbon in the atmosphere for thousands of years are starting to realize, hey, maybe we should be open to other ways to do this,” reflects Richard Wurden, CEO at Aigen. “We are collecting data through images.
Typically, the technology is a large-scale affair. After all, the world needs to eliminate emissions on a vast scale, and the technology benefits from a certain amount of scale. But there are still many smaller sites, from cement kilns to chemical plants, that are currently wedded to fossil fuels but still need to be decarbonized.
With emerging technologies like Gen-AI keeping organizations in a flurry of new implementations, a rapidly shifting CIO role, new innovations testing budgets and adaptability of organizations and increasing competition, a competent CIO is the ace that can change the game.
However, the real breakthrough is in the convergence of technologies that are coming together to supercharge 5G business transformation across our most critical infrastructure, industrial businesses and governments. This includes 5G coming of age at the same time as AI, bringing together lightning fast connectivity with intelligence.
The system, called a Terraformer, then combines the hydrogen and CO 2 into a chemical reactor to make natural gas. According to Handmer, the chemical reactor is hitting 94% methane purity already, which means that it is making synthetic natural gas fully compatible with existing distribution pipelines. .
The focus here was to develop a technology to be able to produce fuel at a comparable or lower price point than fossil fuels. The result, he said, is a demonstration plant in Spain that “proves out the technology that we have and the modularity that we’re trying to encompass here.”.
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. Verdi , EyeGage , Animal Alternative Technologies , RoboDeck , Adventr.
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. Discovery and research of new molecular compounds is an expensive business, with development costs exceeding $10 billion per substance in some cases.
The B2B e-commerce industry has broad reach, encompassing everything from commerce infrastructure and payments technology to procurement and supply-chain solutions. Compliance: In some verticals, particularly those related to healthcare and chemicals, there is a heavy compliance burden to ensure goods are properly sourced and transported.
Today, we’re talking to Artem Fishman, Chief Product & Technology Officer at Dow Jones. The post #845 Transforming Dow Jones into a Product-Led Powerhouse with Artem Fishman, Chief Product & Technology Officer appeared first on Modern CTO. All of this right here, right now, on the Modern CTO Podcast!
The disposable test sticks enable users to measure a range of biomarkers in just two minutes, using microfluidic “lab-on-a-chip” technology. 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.
This technology eliminates the more complex and slower process of first extracting and consolidating data from multiple database tables using queries before displaying the results, as was the case with the previous version. Storing data in the main memory allows queries to be executed very quickly (in real-time).
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. The cultured meat landscape is gaining new entrants as the technology has evolved. Food and Drug Administration.
All of the other metals that get deposited at the base of the ponds — sodium, potassium, magnesium — get removed through exposure to harmful chemicals in order to access just the lithium. . Brine flows into metal columns, which use Nano Mosaic to capture first all salts and minerals, and then just lithium.
A big leap of technology. ” For Rubi Labs, the duo developed technologies and filed a number of patents. It is typically made by taking wood pulp, dissolving it in chemicals and spinning it into fibers that can be turned into threads. “I’ve always been passionate about sustainability and climate.
While there are OH&S regulations for lifting, moving heavy objects, and safety when working with chemicals and electricity, and there are guidelines for how long a person should be “sedentary” (i.e Ergonomics is often one of the most overlooked health concerns within the office.
But water isn’t a particularly harsh substance, unlike many chemical precursors to useful oils and other molecules. “Maybe only 10 years ago, people started to research chemical-resistant membranes. “As soon as we begin implementing our technology solutions at customer sites, we will quickly reach maximum capacity.
Humanity has come to the limits of nature many times in the past, and has overcome them with technology. We have always adapted ourselves to our environment; changing our technology and behavior due to environmental change is part of our history. Industrial chemicals. It isn’t enough.
The technology that might become the future of facial recognition started with a bucket of household paint. Ingmar Bruder was researching organic photovoltaics—and how to make paint that could absorb sunlight and turn it into electricity—at German chemical giant BASF, when he hit upon an unexpected discovery.
We were getting ready to deploy that version of our technology later on this year,” Santos, CEO of Noya , told TechCrunch+. “We Each unit contains an activated carbon monolith that serves as scaffolding for their sorbent, the chemical that binds carbon dioxide from the atmosphere. The next year of work was fruitful, by all accounts.
Here is the latest technology news from across the tech community: What’s the right relationship between technology companies and journalism? Last week technology news site Re:Code announced that it would stop hosting comments on its own sites as the conversation around stories was already happening on social media.
. “Participating LPs [Korean conglomerates] are passionate about climate technology and want to take part to address the climate and environment issue as they agree that the climate crisis is one of the urgent problems.” Its sweet spot is early-stage ventures from seed to series A stages across South Korea and Southeast Asia.
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