In New York, design lab OXMAN has unveiled O°, a biomaterial, digital, and robotic technology platform that powers the production of biobased textiles and wearables that are 100% biodegradable when disposed of, made entirely with organic material and without petrochemicals or glues, and producing no microplastics. The first product to be created using O° platform […]
In New York state, IFF announced the launch of its OPTIMASH F200 and OPTIMASH AX enzyme solutions in combination to maximize corn oil recovery at fuel ethanol plants. New IFF in-plant data shows that this combination can deliver up to 15 percent additional corn oil recovery, helping to meet the growing demand in the biodiesel, […]
In New York, biotech company Helaina has raised $45 million to develop and scale human equivalent-bioactive proteins produced via precision fermentation. The Series B funding brings the company’s total equity funding to $83 million and was led by Avidity Partners. Spark Capital, Ingeborg Investments, Tom Williams of Heron Rock, Barrel Ventures, Siam Capital, Relish Works, […]
In New York state, AIR COMPANY has raised $69M in Series B funding to advance its technology, promote energy security, and drive emissions reductions in hard-to-abate sectors, such as aviation. Avfuel, a leading global supplier of aviation fuel and services, led the round and will be the preferred provider of distribution and logistics, plus environmental […]
In New York, Amogy successfully completed the maiden voyage of the NH3 Kraken, the world’s first carbon-free, ammonia-powered maritime vessel, sailing on a Hudson River tributary near New York City as a demonstration of its proprietary ammonia-to-power technology. The vessel, originally built in 1957 and retrofitted with Amogy’s ammonia-to-electrical power system, marks a pivotal advancement […]
In New York state, Elimini, a new US-based business with an ambition to be a leader in carbon removals, has been launched at Climate Week NYC. The company is dedicated to permanently removing carbon from the atmosphere while generating renewable, 24/7 power. Elimini will pair 24/7 renewable energy production with carbon capture technology through BECCS […]
In New York, OPAL Fuels announced the sale of $11.1 million worth of Inflation Reduction Act investment tax credits to an Apollo Global Management subsidiary. The credits were generated by the Emerald RNG facility, a joint venture of which OPAL Fuels owns 50%. With a nameplate capacity of 10,000 standard cubic feet per minute, Emerald […]
In New York, Amogy has joined forces with HD Korea Shipbuilding & Offshore Engineering POSCO Holdings, Seoul National University, and the American Bureau of Shipping to develop an innovative offshore ammonia cracking solution. This collaboration aims to deliver clean, low-cost hydrogen fuel by leveraging ammonia as a hydrogen carrier. Ammonia, with its 2.7 times higher […]
In New York, AIR COMPANY has raised $69 million in a Series B funding round to accelerate the development and commercialization of its sustainable aviation fuel, produced from captured carbon dioxide. Taking a board seat and leading the financing, Avfuel, a global supplier of aviation fuel, will provide fuel distribution, logistics, and environmental attribute administration. […]
In New York, Apollo Funds acquired a majority stake in Texas-based Freedom CNG, a leading provider of renewable natural gas and compressed natural gas fueling infrastructure. This acquisition aligns with Apollo’s strategy to accelerate the transition to low-carbon energy, focusing on RNG as a practical, sustainable alternative for the transportation sector, which accounts for over […]
