In France, Faircraft has announced a $15.8 million fundraising round. The round was backed by internationally-renowned investment funds, including Kindred Ventures (USA), Cap Horn (France), BPI (France), Sake Bosch (Netherlands), Entrepreneur First (UK), Alliance for Impact (France), and Heirloom (USA). This funding will enable Faircraft to expand its team, notably by recruiting more engineers and […]
In France, Haffner Energy, LanzaTech, and LanzaJet are working together to explore joint biomass-to-Sustainable Aviation Fuel (SAF) projects covering the entire production value chain. The three companies are exploring SAF production opportunities, including the development of commercial plants, joint technology licenses, and offtake opportunities as they become available, and funding support and/or investment in specific […]
In France, Reuters reports Bioethanol France said French ethanol consumption rose 6% in 2024 to 1.6 billion liters despite the fall in consumption of E85 which has grown steadily in recent years due to increased fuel efficiency of cars. The drop in E85 consumption was the first time since 2011. Most ethanol in France is […]
In France, Keey Aerogel, a startup labeled “DeepTech” and a specialist in silica aerogel, today announces a fundraising event in Series A of 18 million euros. This lifting carried out with the SPI 2 Fund, managed on behalf of the State within the framework of France 2030 by Bpifrance, and of WIND, and followed by […]
In France, Waga Energy and the Aix-Marseille-Provence Metropolis are joining forces to deploy an innovative project combining biomethane production and solar energy at the Aix-en-Provence waste storage site (Bouches-du-Rhône). The WAGABOX® unit will replace three engines currently used to recover gas in the form of electricity and will increase energy production. This system will provide […]
In France, CARBIOS is postponing the construction of its PET biorecycling plant in Longlaville for 6 to 9 months due to delayed funding pending completion of additional financing under satisfactory conditions. CARBIOS’ ambition is to finalize this financing, notably non-dilutive, as quickly as possible, so as to serve market needs from 2027. CARBIOS expects to […]
In France, biobased organic acids firm AFYREN has announced a €10 million (US$10.2 million) sustainability-linked loan for its subsidiary, AFYREN NEOXY. The company also said it aims to initiate continuous production at its AFYREN NEOXY plant in 2025, a shift from its previous target of 2024. “With our production launch and first sales in 2024, […]
In France, precision fermentation-based dairy proteins firm Standing Ovation has entered into a long-term partnership with Ajinomoto Foods Europe to produce animal-free proteins at AFE’s Nesle manufacturing site. The deal also provides Standing Ovation with access to AFE’s 50 years of experience in industrial fermentation. Standing Ovation’s animal-free casein powder, Advanced Casein®, can be used […]
In India, In Fashion Business reported that Pili, a French manufacturer of bio-based dyes and pigments, has partnered with California-based denim brand Citizens of Humanity and Turkish denim mill Orta, to launch a denim collection dyed with Pili bio-based indigo. The report noted that Pili’s bio-based indigo is said to be the result of a […]
In France, Galp, a major Portuguese multinational energy corporation, LOKEN, a Malaysian energy player developing one of the first renewable complex in South-East Asia, as well as SAFCO Venture Holdings Limited (SAFCO Ventures), have selected Axens’ Vegan® offering. These three companies will implement Axens’ Vegan® solution for their respective Hydrogenated Vegetable Oil and Sustainable Aviation […]
