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Start-up providing sustainable Omega-3 secures £2.3m funding

Envirotec Magazine

Edinburgh-based biotechnology start-up MiAlgae has secured further investment of £2.3m Established in 2016, the firm says it has created a solution to producing a sustainable source of Omega-3 for animal and human consumption – something which is currently produced by extracting the oil from billions of wild caught fish.

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Mapping tool aims to signpost raw materials for Scotland’s bioeconomy

Envirotec Magazine

Kim Cameron of the IBioIC The Industrial Biotechnology Innovation Centre (IBioIC) has launched a refreshed Scottish Bioresource Mapping Tool to help more businesses make the case for investing in biotechnology facilities and processes. For more information, visit: www.ibioic.com/scottish-bioresource-mapping-tool

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New funding to support growth of Scotland’s bioeconomy

Envirotec Magazine

New funding available from the Industrial Biotechnology Innovation Centre (IBioIC) aims to help grow Scotland’s bioeconomy. Initiatives that have secured funding previously include a wide range of industrial biotechnology applications – from low-carbon construction materials made from bacteria to lithium-ion batteries derived from seaweed.

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Falkirk Distillery deal will see whiskey by-products used for animal feed

Envirotec Magazine

A family-owned whisky distillery in the central belt of Scotland, Falkirk Distillery, has joined forces with biotechnology company MiAlgae in a bid to advance the use of circular economy principles in the whisky industry. When we first spoke to MiAlgae, it was a breath of fresh air.

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Biomass-fermentation-based protein recognised for potential contribution to a net zero food system

Envirotec Magazine

The company operates within the accelerating segment of fermentation-enabled alternative protein that attracted $3.69Bn investment in the last decade, with a 37% increase in Europe in 2022. The MicroHarvest team have made significant progress in overcoming the challenges associated with scaling biotechnological processes.

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Innovate UK preps £16m of low emission food funding

Business Green

Agency teams up with Biotechnology and Biological Sciences Research Council to launch new funding competition. This joint BBSRC and Innovate UK investment will support incredibly important capacity building, research, innovation and business-led commercialisation to help develop alternative, more sustainable protein sources," he said.

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Greener cleaning? Unilever and Genomatica team up to develop biotech alternatives to palm oil

Business Green

New £120m venture aims to scale up biotechnology alternative to palm oil and fossil fuels used to make everyday products. Unilever did not disclose the amount it had invested in the partnership, but confirmed it was the largest investment it had made to date in biotechnology alternatives to palm oil.

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