In 2023, the startup ecosystem faced persistent challenges due to economic uncertainties, anticipated interest rate increases, and the lingering effects of previous bank failures, as reported by EY.
Danish algae-based carbon capture and utilization startup, Algiecel, has raised €1.3m in seed funding from Denmark’s Export and Investment Fund, a UK-based family fund and private individuals.
Algiecel says its pilot-scale, mobile container-based photobioreactor utilizing algae to sequester CO2 emissions from industrial processes is now operational.
New startup, ALGIECEL, has received funding of around £400K (US$525K) from Denmark’s BioInnovation Institute (BII) for the construction and testing of a pilot-scale, mobile container-based photobioreactor utilizing algae to sequester CO2 emissions from...
A three-year, US$2.5m Illinois Sustainable Technology Center (ISTC) engineering-scale project is aimed at showing that producing algae for feed use can be cost-effective and has added environmental benefits.
A San-Diego biotech that tweaks genetic crop traits to improve their rates of photosynthesis, says new data shows its PhotoSeed technology can improve the oil, protein, and sustainability profile of soybeans.
