FabricNano uses cell-free biomanufacturing, which involves coaxing enzymes and proteins to produce chemicals on a DNA wafer. This method avoids many of the pitfalls of fermentation-based production of biobased chemicals, where finicky organisms need to be kept alive, yields are often low, and separations can be expensive. “Why is Coke not shifting to bio-based plastics? Because it’s too expensive and the market is too price sensitive,” Grant Aarons, FabricNano’s cofounder and CEO, tells
Fortune. The company plans on using the funding to evaluate the scaling potential of the DNA wafers and advance its first product, 1,3-propanediol.
“1,3-propanediol is a well-established chemical product, but it is expensive and, basically, it is too slow to biomanufacture,” says John Woodley, a chemical engineering professor at the Technical University of Denmark who serves as a scientific adviser to FabricNano. “There is an opportunity to drive this much faster and bring the pri
New Danish district heating cooperation will help China achieve its climate goals
mynewsdesk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mynewsdesk.com Daily Mail and Mail on Sunday newspapers.
Corona restrictions lead to fewer cases of foodborne illness
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.
ATLANT 3D Nanosystems : Quotes, Address, Contact
azonano.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from azonano.com Daily Mail and Mail on Sunday newspapers.
Chromologics was spun out of the Technical University of Denmark four years ago. The company aims to supplant animal-based food colorants as well as plant-based sources, which are often expensive.
Participants in Chromologics seed round include Blue Horizon Ventures, Nordics-focused life sciences investor Novo Seeds, and early-stage food tech VC Nordic Food Tech. Angel investor Giampaolo Cagnin also joined the round. The company has previously received funding from Vækstfonden, as well as grants from Novo Nordisk Foundation and the Innovation Foundation Denmark.
“I believe that Chromologics has the potential to drive a significant change in how we think about natural colors,” says Thomas Grotkjær, principal at Novo Seeds.