Managed by Bpifrance on behalf of the French state, the Ecotechnologies Fund is part of the Programme d’Investissements d Avenir or Program of Investments for the Future entrusted to Environment and Energy Management Agency, the ADEME. Today, the fund has made its fifth investment, contributing €4.6 million to Fermentalg’s €12 million capital increase alongside IRDI and Viveris Management as well as historic investors Emertec gestion, Demeter Partners, ACE Management (Atalaya), Picoty Algo Carburant and Sofiproteol.
GUEST POST by THOMAS WENCKER Within issue 31/32 dated August, 02. 2013, the German Engineers Society (VDI) newspaper published an interesting article about the increasing amount of venture capital (VC) for financing innovative companies. Not more than one percent of the submitted proposals for VC are successful. Besides other innovative branches, biotech companies by percentage generally get the highest amounts of funding money. Latest experiences in fact show, that companies from the microalgae biotechnology have to fight a lot for chances of being noted in VC-financing issues.
On June 21, 2013, Solazyme, Inc. (the „Company“) and Roquette Frères, S.A. („Roquette“) agreed to dissolve their joint venture, Solazyme Roquette Nutritionals, LLC („SRN“), in accordance with Articles 20 and 21 of the Joint Venture and Operating Agreement of SRN entered into as of November 3, 2010, by and between the Company and Roquette („JVOA“). On July 18, 2013, SRN was formally dissolved.
Gilbert, AZ- July 201 – Heliae, a platform technology company that produces high-value products from algae, today announced it has raised $28.4 million in funding from existing and new investors. Existing investors include select members of the Mars family and the ASEAN-based global conglomerate Salim Group, through one of its subsidiaries, Agri Investments Pte Ltd.
Vancouver, British Columbia – LCTI Low Carbon Technologies International Inc., a diversified company focused on the Clean-tech, Construction, Energy & Energy Efficiency, Environmental, Mining and Real Estate business sectors, announced today that it has entered into a joint venture with Sunthenoil LLC. The joint venture plans to develop a 1,000 acre Algae to Oil Project located on LCTI real estate assets.
Das irische Unternehmen Algae Health konnte eine Finanzierung über 1 Million Euro abschließen. Die Finanzierungsrunde wurde von AIB Seed Fund und dem Western Investment Fund geleitet und von Údarás Na Gaeltachta unterstützt.
EWING, N.J., Dec. 17, 2012 – Proterro, Inc., a company making sugar instead of extracting it from crops, has closed on a $3.5- million financing round led by current investor Braemar Energy Ventures. Cultivian Ventures and Middleland Capital joined as new investors, with other existing investors, Battelle Ventures and its affiliate, Innovation Valley Partners, also participating in the round.
SEATTLE, WA – Matrix Genetics („Matrix“), a biotechnology company focused on producing renewable fuels and specialty chemicals derived from cyanobacteria (blue-green algae) announced today that Spokane, Wash. based Avista Development, Inc. has invested in the company. Avista Development is the venture arm of Avista Corp. (NYSE: AVA), an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. The investment provides Matrix with working capital needed to complete its spinout from Seattle-based Targeted Growth, an agricultural biotechnology company where the foundation of Matrix’s technology was developed.
Press Release – 21. Aug. 2012 – Australian-owned Advanced Algal Technologies, has signed the first of many expected major exporting deals, for $100 Million dollars. Advanced Algal Technologies (AAT) is an Australian-owned biotechnology company that specialises in algae cultivation and production. With the implementation of Carbon Tax in Australia this could never have come at a better time. It is a clear example on how to utilize Australian grown cultivation to provide many beneficial resources, with a major resource being the potential reduction in carbon dioxide emissions.
Das Algen-StartUp Solix BioSystems aus Colorado, erhält eine weitere Finanzierung durch das bestehende Investorenkonsortium. Die aktuelle Finanzierungsrunde wird von I2BF Global Ventures angeführt und umfasste Beteiligungen von Southern Ute Alternative Energy LLC und Bohemian Ventures. Ziel ist es, mit der aktuellen Kapitalausstattung die Kommerzialisierung der bestehenden Technologieplattform zur Algenzucht voran zu treiben. Die letzte Finanzierung erfolgte im Frühjahr 2011 in Höhe von $16 Mio.