Investments
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VIDEO: More Bio investments in Canada
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After my recent post on US government investment in Maine, here’s one from the Government of Canada with a $12 million funding to Bioindustrial Innovation Canada (BIC) to create 478 full-time equivalent jobs and result in 250 new industrial collaborations,…
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US Commerce Dept. invests in Bio-Based Maine
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The US Department of Commerce’s Economic Development Administration (EDA) will invest $519,930 as part of a $856,549 project to Bio-Based Maine, in partnership with the University of Maine, to develop a road map to advance biobased manufacturing, marketing Maine’s biobased…
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TerraVia sells Algenist
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TerraVia (formerly Solazyme) recently announced the sale of 80% of its interest in its Algenist business to Tengram Capital Partners, a private equity firm that focuses exclusively on consumer and retail companies that owns exclusive, highly recognizable brands. As part of the…
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USDA Biobased Funding applications now open
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The U.S. Department of Agriculture (USDA) is seeking applications for funding to help support the development of advanced biofuels, renewable chemicals and biobased products. Funding is being provided through the Biorefinery, Renewable Chemical and Biobased Product Manufacturing Assistance Program, formerly…
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Metabolix rejects Cellulac merger proposal
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I can’t really write any long posts this week due to tight newsletter deadline but I just saw a confirmation from UK-based Cellulac that it has proposed a merger to Metabolix, which was then rejected. Last week, Metabolix announced that…
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Toyota Tsusho expands bio-PET investments
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I am back from a brief mini-vacation and my apologies for those who left emails and messages that I have not yet responded to. I am now working on Tecnon OrbiChem’s Biomaterials newsletter and will probably be able to respond…
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Association, Company initiatives, Conference, Government, Investments, Partnership, Press Release, R&D, VideoSynthetic Biology – The next renewables frontier?
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Ok, so the title might be a bit misleading as I’ve been covering agbiotech for more than a decade and synthetic biology companies focusing on chemicals application since 2007 such as Genomatica, Amyris, Codexis, etc. However, it seems there are more…