Tag: New York

Mushroom for growth: Fungi firm raises $60 million

Mushroom for growth: Fungi firm raises $60 million

April 5, 2021 |

In New York, mycelium-based materials firm Ecovative has raised $60 million to add capacity and advance development and commercialization in textiles, packaging and food sectors.  The Series D round brings Ecovative’s total funding to $100 million. It was led by Viking Global Investors, and Senator Investment Group, Trousdale Ventures, and AiiM Partners also participated.  Mycelium […]

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AlgiKnit raises $2.1 million to advance kelp yarns

AlgiKnit raises $2.1 million to advance kelp yarns

March 22, 2021 |

In New York, kelp-to-yarn startup AlgiKnit has raised $2.1 million to advance development and commercialization of its biodegradable fibers.  Investors include SOSV and Horizons Ventures, which is among the backers of Impossible Foods.  According to vegconomist, the ethical fashion market will reach $8.25 billion by 2023 as consumers opt for greener options. Fashion accounts for […]

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Shake Shack is the latest chain to evaluate bioplastic utensils and straws

Shake Shack is the latest chain to evaluate bioplastic utensils and straws

March 8, 2021 |

In New York, popular burger chain Shake Shack is trialing the use of bioplastic straws and utensils at a handful of its 310 stores.  Nation’s Restaurant News says the biodegradable, polyhydroxybutyrate service ware items are already being used at locations in West Hollywood and Long Beach, California; Madison Square Park and West Village, New York […]

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IFF, DuPont N&B deal creates natural ingredients leader with $11 billion in annual sales

IFF, DuPont N&B deal creates natural ingredients leader with $11 billion in annual sales

February 1, 2021 |

In New York, IFF and DuPont’s Nutrition & Biosciences business are set to close their mega-merger. First announced in 2019, the Reverse Morris Trust transaction creates a global leader in high-value ingredients and solutions for the Food and Beverage, Home and Personal Care and Health and Wellness markets, with estimated 2020 pro forma revenue of […]

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Microbial stamp could help track E. coli outbreaks

Microbial stamp could help track E. coli outbreaks

January 25, 2021 |

In New York, start-up Aanika Biosciences is developing biological tags that can help authorities pinpoint the source of deadline E. coli outbreaks.  The company’s technology tweaks the genome of inactivated microbe, essentially creating a unique identifier that is then added to each head of lettuce to enable tracking.  The Centers for Disease Control often struggles […]

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Biodegradable flossers promote gum health and protect environment

Biodegradable flossers promote gum health and protect environment

January 11, 2021 |

In New York, a graduate student in design has invented a biodegradable, single-use dental flosser.  Dubbed Carbyn and made from polyhydroxyalkanoates bioplastic and biochar, the flosser also absorbs atmospheric carbon—meaning it sequesters more carbon than it emits as it biodegrades.  “Increasingly, our material choices have become moral choices,” inventor Jessica Smith tells Yanko Design. Carbyn […]

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Long Island oyster farmers launch skincare brand

Long Island oyster farmers launch skincare brand

January 4, 2021 |

In New York, two oyster farmers are creating a new revenue stream for the popular shellfish in skincare. David Daly and Ben Gonzalez of Long Island’s Southold Bay Oyster Farm tell Newsday.com their face cream hydrates, moisturizes and softens skin.  “We wanted to be able to bring the benefits of oysters to everyone including folks […]

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Silk eyed as petrochemical replacement in soap

Silk eyed as petrochemical replacement in soap

December 14, 2020 |

In New York, researchers at Manhattan College and green chemistry startup Evolved by Nature have demonstrated that pure silk can act as a co-surfactant, making the renewable material a potential replacement for petrochemicals in soap formulations.  The research demonstrated that a natural silk protein produced by Evolved by Nature—trade-named Activated Silk™ 10S—synergized with capryl glucoside […]

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FIT Professor and fashion designers team up to produce lab-grown shoe

FIT Professor and fashion designers team up to produce lab-grown shoe

December 14, 2020 |

In New York, two designers and a Fashion Institute of Technology professor have essentially grown a sneaker in a lab.  The shoes are made from a leather-like material composed of nanofibers of cellulose assembled by bacteria. Other sneaker features include a cork sole, natural dyes—including a black dye made from rusty nails and acacia tree […]

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Concerns lower CO2 production from ethanol plants could restrict rural vaccine roll outs

Concerns lower CO2 production from ethanol plants could restrict rural vaccine roll outs

December 10, 2020 |

In New York state, Reuters reports there are concerns that a 25% reduction in CO2 production by ethanol plants compared to normal levels could impede distribution of Pfizer’s coronavirus vaccine in rural areas due to lack of dry ice. Ethanol production was hit severely early in the year by the pandemic and has recovered significantly […]

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