C16 Biosciences awarded Gates Foundation grant
In New York, C16 Biosciences has secured a $3.5 million grant from the Bill & Melinda Gates Foundation to advance its fermentation platform for producing food-grade oils and fats. The company was also granted a $1 million investment from Elemental Excelerator. The global edible oils industry is projected to reach $870 billion by 2050, but […]
