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Cleantech org Announces Cemvita Factory as $100,000 GS Beyond Energy Innovation Challenge Winner
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By Moji Karimi, CEO, Cemvita Factory
Special to The Digest
1. Product or platform?
A) Product: develop the microbe, build the plant, and sell the product. The end molecule is the revenue source
B) Platform: develop the microbe and commercialize it through partnerships. The microbe is the revenue source
2. What molecules to develop?
A) Specialty: high value, low volume
B) Commodity: high volume, low value
3. What market to serve?
A) Target verticals with SynBio capability or familiarity
B) Target verticals that may not have SynBio capability or familiarity
These answers land a company somewhere on this spectrum:
It’s not that one quadrant is better than the other. It’s just about where the focus is for a given company and how they are optimizing for technology and market risk vs. their long-term ambitions for scaling up the company. So far, most of the de-risking and existing data comes from Q3, the product focus and specialty molecules (with the exception of biofuels
1. Product or platform?
A) Product: develop the microbe, build the plant, and sell the product. The end molecule is the revenue source
B) Platform: develop the microbe and commercialize it through partnerships. The microbe is the revenue source
2. What molecules to develop?
A) Specialty: high value, low volume
B) Commodity: high volume, low value
3. What market to serve?
A) Target verticals with SynBio capability or familiarity
B) Target verticals that may not have SynBio capability or familiarity
…
…
As clean, low-carbon, and bio-based products gain traction in the market, traditional players will be on the outside looking in as those that brought these technologies to market end up owning all the valuable IP.
Occidental unit to build low-carbon bio-ethylene plant
5/3/2021
Occidental Petroleum s low-carbon unit said on Tuesday it plans to construct and operate a pilot plant that would use human-made carbon dioxide, instead of hydrocarbon-sourced feedstocks, to produce bio-ethylene.
The pilot plant will be jointly developed by Occidental s venture capital arm, Oxy Low Carbon Ventures LLC, and bio-engineering startup, Cemvita Factory. It is expected to start functioning in 2022.
Bio-ethylene is currently made from bio-ethanol, which is made from sugarcane.
The new technology produces bio-ethylene from carbon dioxide, water and light, which helps lower costs and carbon emissions, Cemvita s Chief Executive Officer Moji Karimi said.
How Oxy s New Carbon Venture Could Become A True Game-Changer
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