🌳 Bioeconomy Newsletter #21
News, recent funding announcement and very interesting reads
This is a weekly newsletter of what was interesting and important in the Bioeconomy. If you like what you are reading why not share it with your friends and co-workers?
Funding
🌿 ProducePay - US - $ 43 m - Series C - online ag marketplace LINK
🌿 Black Bear Carbon - The Netherlands - € 7.5 m - Series A - convert used tires into carbon black LINK
🌿 Terviva - US - $ 54 m - Later stage - produces pongamia trees for their high-quality protein and oil-rich seeds on degraded land LINK
🌿 Evologic - Austria - € 2.5 m - Seed- agricultural chemicals intended to unlock the potential of arbuscular mycorrhizal fungi LINK
🌿 Bast Fibre Technologies - Canada - CAD 8.5 m - Series A - Manufacturer of natural fibers and fabrics LINK
🌿 Because Animals - US - n.a. - Seed - pet food products intended to focus on providing cultured meat LINK
🌿 Vly - Germany - $ 6.1 m - Series A - plant-based dairy products to consumers LINK
🌿 Oceanium - GBP 2 m - Seed - bio-packaging materials and food products intended to support the sustainable seaweed farming industry LINK
🌿 Papkot - France - Accelerator - paper-based coating material intended to replace single-use plastic films LINK
🌿 Woodly - Finland - Seed - € 3 m - wood-based packaging material designed to be used like traditional plastics LINK
🌿 Daring Foods - US - $ 40 m - Series B - plant-based chicken products LINK
🌿 Ioniqa Technologies - The Netherlands - € 10 m - Series A - waste recycling service intended to create value out of plastic waste LINK
🌿 NatureMetrics - UK - GBP 6.5 m - Series A - biodiversity monitoring platform LINK
News, Readings & Interesting Things
🌿 Vertical farming startups, compared. LINK
🌿 The need for bio-based carbon in a sustainable future LINK
The largest share of the EU-27’s carbon demand is used for energy, heat, and fuels (56%) with a fossil share of 85%.
The second largest consumption of carbon resources is food and feed (23%) where only carbon from biomass is used.
The third sector are chemicals and materials (17%) with a fossil carbon share of 39%.
🌿 Cultivated Meat Likely to Make Up 40% of Future Meat Intake - a segmentation study LINK
🌿 Investing along the curve: Revealing the best opportunities across the food supply chain LINK
Thanks for reading. Reach me with tips, questions and feedback on Twitter or LinkedIn. If you enjoy this newsletter, why not share it with your friends and co-workers?
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The views expressed here are my own. All information contained in here has been obtained from publicly available information. While taken from sources believed to be reliable I have not independently verified such information and make no representations about the enduring accuracy of the information or its appropriateness for a given situation. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. For questions simply reply to this email.