Brief: MycoWorks banks $125m Series C funding to build alt-leather factory
January 13, 2022
Its animal-free leather analog, Reishi, is produced using mycelium – the vegetative ‘roots’ of fungi.
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Tag: biomaterials
The good oil: Australian innovation delivers game-changing alternatives to petroleum & palm
October 20, 2021
SHO safflower produced Down Under is “a quantum leap ahead for farming [that] benefits growers, industry, and consumers,” said GO Resources’ David Hudson.
EXCLUSIVE: Bucha Bio banks funding for its next-gen bacterial biomaterials
October 18, 2021
The New York-based company plans to scale up production of its fermented bio-textile called Mirai.
Brief: Walmart joins Canopy to remove at-risk forests from materials supply chain
October 6, 2021
By joining the CanopyStyle initiative, Walmart will impel its suppliers to use alternate fiber sources such as ag byproducts.
Gaming brand Razer launches $50m green fund, backs bamboo startup
April 26, 2021
The Singapore-based company has invested in The Nurturing Co as part of its wider ‘Go Green With Razer’ initiative, which aims for a 100% ‘carbon neutral’ organization by 2030.
TIPA & PerfoTec debut sustainable packaging that also boosts shelf life
February 22, 2021
The pair’s packaging is a micro-perforated compostable film that reduces food waste by extending shelf life while cutting plastic pollution.
Sustainable packaging startup TIPA scores $4m as consumers drive demand
December 4, 2020
Israel’s TIPA says demand for its compostable packaging inputs has been driven by consumers seeking more sustainable solutions from brands and retailers.
Eat Beyond IPO: ‘We’re making it possible for retail investors to participate in this thriving market’
November 27, 2020
Patrick Morris, CEO of the Vancouver-based foodtech fund, tells AFN why it decided to go down the IPO route – and what it has planned for the future.
MycoWorks banks $45m Series B funding; DCVC, AgFunder & celebs invest
November 17, 2020
John Legend and Natalie Portman have backed the San Francisco startup, which also announced a new plant that will increase production of its mycelium-based leather alternative by 10x.
Step aside, alt-protein: Bioplastics are the real agrifoodtech opportunity
September 30, 2020
Despite ‘reduce, reuse, recycle’ drives, single use of petroleum-based plastic has grown 5x since 1980 – with a mere 5% recycled. Plastic pollution remains a problem in need of a solution.
Agraloop aims to boost farmer incomes while cutting your wardrobe’s carbon footprint
July 9, 2020
Developed by Los Angeles-based Circular Systems, Agraloop transforms food-crop waste into natural fiber products, with energy and soil amendments as handy byproducts.
Why we invested in MycoWorks
February 27, 2020
We joined DCVC Bio, Novo Holdings, 8VC and others to invest in sustainable leather startup MycoWork’s $17m Series A. Here’s why.
25 startups innovating with sustainable packaging solutions
August 14, 2019
Companies are feeling public pressure to reduce the amount of plastic they use. A new breed of innovators is responding with eco-friendly alternatives to conventional materials.
The 2018 Farm Bill is a Major Victory for Hemp Growers and CBD Companies
December 11, 2018
On Monday night US Congress passed a version of the 2018 Farm Bill that includes a major win for industrial hemp growers and CBD products
Fully Compostable Food Packaging Startup TIPA Raises $11m Series B
November 2, 2017
TIPA, which has won awards for its packaging, compares its product to orange peel: in comparison to regular plastic that will last for hundreds of years, it will decompose within just 180 days in compost conditions.
Plant-based Peroxide-Maker Solugen Raises $4.4m Seed Round from Y Combinator, Joe Montana’s VC, others
October 24, 2017
Solugen uses plant starch combined with specialized enzymes to manufacture hydrogen peroxide, a common household and industrial chemical used as an oxidizer, bleaching agent, and disinfectant.
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