In Chicago, a fermentation startup converting cellulose into seafood alternatives has wound down operations after failing to raise funds necessary to reach commercialization. Established in 2020, Aqua Cultured Foods told Green Queen it was unable to secure funding without taking on undue risk. “Despite meaningful technical and market progress, we reached a point where the […]
In Chicago, cultivated meat startup Believer Meats has wound down operations. According to vegconomist, the news was announced in a LinkedIn post authored by Anne Schubert, Global Vice President of Talent & Human Resources at Believer Meats. No reason was given, although AgFunder recently published news that the company that built its US facility was […]
In Chicago, New Energy Blue and ARCO/Murray have partnered to build out the New Energy Biomass Refinery platform across the American Midwest. ARCO/Murray will construct the flagship New Energy Freedom biomass refinery in Mason City, IA to process corn stalks into second-generation fuel ethanol and clean lignin at commercial capacity. The construction contract is worth […]
In Chicago, AQUA Cultured Foods has partnered with Ginkgo Bioworks to optimize production of alternative seafood. Specifically, the two companies will jointly optimize AQUA Cultured Foods’ fermentation technology and advance the development and production of AQUA’s 100% fish-free products that emulate the look, feel, and taste of fresh-caught seafood. Leveraging Ginkgo’s microbial characterization and analytics, […]
In Chicago, Illinois Governor JB Pritzker and Innovate Illinois have announced $680 million in combined cash match and strategic investments from public and private partners for the Illinois Fermentation and Agriculture Biomanufacturing Tech Hub. iFab recently applied for Phase 2 Implementation Grants to “solidify Illinois’ position as a leader in biomanufacturing and precision fermentation,” according […]
