In New York, biobased textile startup Bucha Bio has raised $550,000 to scale its latest product, a renewable and biodegradable fabric made from bacterial nanocellulose. Dubbed Mirai, Bucha Bio says the material has the potential to replace animal leather as well as synthetic leather made from petroleum. Venture Capitalists New Climate Ventures, Lifely and MicroVentures […]
In New York, a startup is using captured carbon dioxide to produce ethanol for a proof-of-concept perfume. Dubbed Air Eau de Parfum, Air Company’s scent includes notes of fig leaf, orange and jasmine. Indistinguishable from traditional perfume, Air Eau de Parfum uses ethanol made from captured carbon dioxide, as opposed to corn-based ethanol that, while […]
In New York, Ginkgo Bioworks began trading on the New York Stock Exchange on Friday, September 17 under the ticker DNA. Debuting at around $15 billion, the SPAC deal raised an estimated $1.6 billion for the Boston-based synthetic biology company. The company reported $88 million in sales in the first half of 2021, tracking […]
In New York, startup Helaina is using precision fermentation to produce breast milk that more closely mimics the real thing. Founder Laura Katz recently told The Spoon that Helaina’s proteins are 99% identical to breast milk, and has the same antibacterial, antifungal, antiviral and immune-boosting characteristics. “Our goal is to replicate the immune equivalent proteins […]
In New York, Reuters reports that both the US and Brazil are expected to cut ethanol production over the next few months as rising feedstock prices for corn and sugar, respectively, make production uneconomical. Supplies for both feedstocks are tight, squeezing margins while high ethanol prices are making gasoline more expensive at the pump rather […]
In New York state, Platts reports that as a result of the news the Biden Administration is looking to reduce the biofuel blending mandate in 2021 and 2022 to support oil refiners, D6 RIN prices fell to a three-month low of $1.25, down 19.75 cents from Tuesday. The 2021 blending mandate should have been published […]
In New York, sunglass company Christopher Cloos has added new styles to the biodegradable sunglass line it launched late last year with Greatest Of All Time quarterback Tom Brady under center as spokesman. The line focuses on classic shapes and designs and uses M49 Mazzucchelli, a bioplastic made in Italy and composed of cellulose acetate, […]
In New York, high fashion tastemaker Tom Ford and celebrity-backed environmental consultancy 52HZ are offering a $1.2 million prize for a degradable plastic. The Tom Ford Plastic Innovation Prize is meant to encourage designers and manufacturers to create an alternative for thin-film plastics that would break down in both soil and ocean conditions. According to […]
In New York, The Honest Co., Jessica Alba’s natural-focused consumer goods brand, saw shares increase 44% in its initial public offering on Wednesday, May 5, valuing the company at $2.5 billion. Alba, perhaps best known for her role as Susan Storm in 2005’s Fantastic Four franchise, founded the brand in 2011. It sells products such […]
In New York and the Netherlands, researchers have successfully 3-D printed living algae to create a self-sustaining material that could have wide-ranging applications in everything from fashion to Mars colonization. The breakthrough was the result of a collaboration between the University of Rochester and Delft University of Technology and involved treating living microalgae like ink […]
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