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Chromologics, a Danish biotech leveraging precision fermentation technology to produce colors for the food industry, has received $7.5 million as seed funding. The product is part of a new family of fungal-derived pigments, called atrorosins, that the cofounders discovered. The natural red food coloring is...
The Future of Ocean Farming: Sea6 Energy’s Vision that is Transforming Seaweed into Sustainable Solutions! Sea6 works on two broad areas: First, large-scale seaweed production by proprietary automation. Second, converting this seaweed into useful products that have applications across various sectors. The company has developed...
India bio-economy updates from BioBiz January 2024 Gail India and Trualt Bioenergy, two state-owned companies, have announced a joint venture to set up ten compressed biogas (CBG) plants in India with an investment of more than $72 million. The CBG plants will process over 600 million kg of...
July 2023 The Global Environment Facility (GEF) has launched a $1.4 billion fund to support sustainable projects in 88 countries, in partnership with the United Nations Development Programme (UNDP). India’s bioenergy sector is one of the beneficiaries of the fund, with a project to produce...
India bio-economy updates from BioBiz The NISAR program, developed by NASA and ISRO, uses a dual-frequency radar system to map the globe every 12 days. Scientists are assessing forest biomass in Shivamogga, Nilambur, and Hoshangabad to calibrate NISAR’s mapping. The study, led by KUFOS, integrates Lidar, optical, and...
India bio-economy updates from BioBiz CSIR transferred beta glucosidase enzyme production technology to Sarthak Metals Ltd., using filamentous fungus and solid-state fermentation .The enzyme boosts lignocellulosic biomass hydrolysis by 30%, enhancing biofuel efficiency and supporting 2G ethanol projects. It has additional applications in textiles, detergents, and organic synthesis....
India bio-economy updates from BioBiz Green hydrogen, produced using renewable electricity, offers a carbon-free alternative to fossil fuels in industries like steel, shipping, and trucking, with India well-positioned to lead globally. India’s National Green Hydrogen Mission allocates INR 197 billion to achieve 5 million metric tonnes annually by...
India bio-economy updates from BioBiz 4 February, 2024 The ‘No Food Waste’ vehicle, sponsored by the Airports Authority of India in Bengaluru, represents one of the first steps towards addressing food wastage in the city. The stark reality of the food production process reveals that approximately 35% of...
India bio-economy updates from BioBiz The Budget 2024 has allocated Rs 150 crore for the collection of biomass, which is a key feedstock for compressed biogas (CBG) production. The industry executives warmly welcome the financial assistance as it will help overcome one of the main challenges of CBG...
The Interim Budget 2024-25 has introduced various measures to support the green energy sector in India. Some of the key initiatives are: Financial assistance for procurement of biomass aggregation machinery to facilitate biogas production and blending with piped gas and CNG. A new scheme of...
