Funding shortfall forces NovoNutrients to launch asset sale
In California, gas fermentation firm NovoNutrients has ceased operations and is looking for a buyer for its assets, citing difficulty securing sufficient funding.
The...
Mara Renewables secures $9.1M to boost Omega-3 DHA
In Canada, Mara Renewables has received US$9.1 million from S2G Investments to expand R&D and capacity for its algae-based omega‑3 DHA platform.
The vital...
Fishway hooks Multus to jointly accelerate cultivated fish
In the United Kingdom, Fishway and Multus Biotechnology have partnered to bring cultivated fish to market faster.
The pact will leverage Fishway's expertise in...
21st.BIO targets key infant nutrition protein
In Denmark, precision fermentation firm 21st.BIOhas launched a development program for bovine alpha-lactalbumin (α-lac) after exclusively licensing the high-yield microbial strain from Novonesis.
Alpha-lactalbumin...
Lallemand acquires enzyme producer Solyve
In France, Lallemand Bio-Ingredients has completed its acquisition of Solyve, a French enzyme producer known for its expertise in solid-state fermentation and strong position...
Fungu’it raises €4M to develop fungi-based flavorings
In France, foodtech startup Fungu’it has raised €4 million (US$4.6 million) to build a pilot plant to demonstrate its solid-state, fungi-fermentation platform for producing...
Researchers create biodegradable OLED from chitosan
In Portugal and Italy, researchers from the University of Lisbon and the University of Modena have developed a dissolvable light-emitting diode from chitosan, a...
Human milk protein maker PFx Biotech raises €5 million
In Portugal, a biotech company has raised €5 million (US $5.7 million) to develop and scale its precision-fermented human milk proteins. The funding for...
Islamic legal authority lays out conditions for cultivated meat to be deemed halal
In Qatar, the International Islamic Fiqh Academy has determined that cultivated meat is halal for Muslims if the source cells come from animals permissible...
Alternative protein startup Arkeon files for insolvency
In Austria, Arkeon, a company developing microorganisms that can convert gases into animal-based protein alternatives, has filed for insolvency.
According to AgFunderNews, company cofounder...