In Denmark, AMSilk, a company working to commercialize biobased silk polymers, has raised €29 million ($35.2 million) to scale-up production and expand the material into new markets. Novo Growth, the growth equity arm of Novo Holdings, led the financing, which also included new investors Cargill and E.R. Capital Holdings and existing investors MIG Verwaltungs AG […]
In California, material innovation firm Cove has signed a contract with RWDC Industries for 350 million lbs of polyhydroxyalkanoates, a bioplastic Cove plans to convert into biodegradable water bottles. Athens, Georgia-based RWDC uses food waste and post-consumer or used cooking oils to produce PHA, which it has trade-named Solon. The contract runs over a five-year […]
In Germany, researchers at Göttingen University have developed a packaging material out of the popcorn-like material left over from manufacturing the corn flakes popular in many cereals. GU’s chemistry and process engineering of composite materials group developed the process. The material is also water-repellant and compostable. “This new process, based on technology developed in the […]
In Belgium, publicly traded cultured meat company MeaTech is planning a pilot plant to grow chicken fat in a lab. The new facility will use a process developed by Peace of Meat, a Belgian company MeaTech recently acquired. The fat will be used to improve the flavor and texture of plant-based meat alternatives produced by […]
In the United Kingdom, startup Ivy Farm Technologies is on a mission to save 170,000 pigs from slaughter by scaling up production of lab-grown pork. The Oxford University spin-out has raised £16 million (US$22.6 million) to establish an R&D facility near the school’s campus. It hopes to eventually produce 12,000 metric tons of pork annually—enough […]
In Germany, the venture capital arm of Delivery Hero has made an unspecified investment in lab-grown fish firm Bluu Biosciences. Delivery Hero is based in Berlin and has operations in many markets. It is also the owner of FoodPanda, a popular food delivery platform in Asia that earlier this year nabbed the title for the […]
In New York, The Honest Co., Jessica Alba’s natural-focused consumer goods brand, saw shares increase 44% in its initial public offering on Wednesday, May 5, valuing the company at $2.5 billion. Alba, perhaps best known for her role as Susan Storm in 2005’s Fantastic Four franchise, founded the brand in 2011. It sells products such […]
In Miami, fast food giant Burger King has begun a pilot program to evaluate greener packaging—including cutlery, straws, wrappers and drink lids—at 51 of its restaurants. Plans call for unbleached, virgin paperboard fry packaging, utensils made from the bioplastic polylactic acid, recycled fiber napkins, plant-based straws and sandwich wrappers that reduce paper usage. The company […]
In Finland, an orthotics company is producing biodegradable splints made from wood and biopolymers. Onbone, based in Espoo, has 9 patents and 12 pending for its material, trade named Woodcast. Company CEO Jimmy Takki says the material is particularly well-suited for orthotics. “Only a hairdryer or heat gun is needed to shape the splint so […]
In California, 3-D printing innovators have successfully printed sawdust and binder in a way that mimics the grain of a tree—a process that can produce everyday items like furniture in a more environmentally friendly way with less waste. The work was undertaken at San Jose State University. “We realized really quickly that wood waste is […]
