Category: michael bloomberg

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With $90 million in funding, the Ginkgo spinoff Motif joins the fight for the future of food

sudshr47 February 26, 2019

Continuing its quest to become the Amazon Web Services for biomanufacturing, Ginkgo Bioworks has launched a new spinoff called Motif Ingredients with $90 million in funding to develop proteins that can serve as meat and dairy replacements. It’s the second spinout for Ginkgo since late 2017 when the company partnered with Bayer to launch Joyn […]

View More With $90 million in funding, the Ginkgo spinoff Motif joins the fight for the future of food
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Oil and gas giants Chevron and Occidental are backing tech to combat carbon emissions

sudshr47 January 10, 2019

Carbon Engineering, a Canadian company developing technology to remove carbon dioxide from the atmosphere and process it for use in enhanced oil recovery or in the creation of new synthetic fuels, has locked in financing from two big industry backers — Chevron and Occidental Petroleum — to bring its products to market. The undisclosed amount […]

View More Oil and gas giants Chevron and Occidental are backing tech to combat carbon emissions