/PRNewswire/ Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, has announced the first batch of.
Global packaging leader to provide US $250,000 to two start-ups with cutting edge innovations for a more sustainable future for packaging ZURICH, Sept. 6, 2022 /PRNewswire/ Amcor (NYSE:
Amcor reveals Lift-Off seed capital winners with investments that seek to drive revolution in packaging miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
(Spotfolio/Bloom Biorenewables) (BEV-E) Bloom Biorenewables, a Swiss startup developing innovative biomass fractionation technologies, closed today its Seed Round of funding, resulting in a total of €3.9 million raised from dilutive and non-dilutive sources. This new investment confirms the potential of the company to act as a leader in sustainability and accelerates the market entry of its bio-based solutions.
Bloom’s products are specifically designed to substitute unsustainable fossil-sourced carbon in materials and fuels, a crucial step inthe fight against global CO2 emissions.
The round was led by Breakthrough Energy Ventures-Europe(BEV-E). It links European Investment Bank funding guaranteed by the European Programme for Research and Innovation, Horizon 2020, with long-term risk capital in order to accelerate global decarbonisation and support clean energy innovations reaching the market -faster, more efficiently, and in more places in Europe.
Barry Callebaut has joined forces with Swiss chemistry start-up Bloom Biorenewables to investigate upcycling chocolate side streams. The first result: vanillin produced from hazelnut shells.
Swiss chocolate giant Barry Callebaut is working in partnership with Bloom Biorenewables to examine how waste produced during chocolate manufacturing could ‘support the fight against climate change’ and help Barry Callebaut become carbon positive by 2025.
Bloom is a ‘small’ organisation of scientists founded by two chemists, Dr Remy Buser and Dr Florent Héroguel, from the EPFL (Ecole Polytechnique Fédérale de Lausanne).
The start-up’s ambition is to establish biomass as a mainstream alternative to fossil materials. Their technology converts plant material, which has stored carbon captured from the atmosphere while the plant is growing, into molecules that can replace fossil-based solutions in a ‘wide range of uses’.