Aduro Biopolymers wins key investment from Wallace, reaches KiwiNet finals

In New Zealand, Aduro Biopolymers, a spin-out from the University of Waikato and receiving investment from Wallace Corporation (NZ’s largest renderer), has reached the finals of the  KiwiNet Research Commercialization Awards. Winners will be announced at an awards function on 19th June in Auckland. Aduro Biopolymers was set up to commercialize a diverse range of materials and polymers from industry co-products and low value waste streams for use in plastics, composites, manufacturing, agriculture, and the building and construction sectors. The company’s lead product, a bioplastic called Novatein, is made from naturally occurring materials that on their own quickly degrade in the environment.