It was a complete coincidence that a few months before the pandemic spread across the world. indie bio — A startup accelerator specializing in startups that use biology to solve big problems — expanded Its authority was to add a New York division to operations already conducted outside San Francisco. Of course, thanks to what the world has endured, life sciences startups are in the spotlight now more than ever. So readers thought he might be interested in giving a sneak peek at the latest startups that IndieBio NY is preparing to introduce to investors.almost One month.
If you’re a founder, a venture capitalist, or just an interested industry observer looking for insight into what’s happening in a variety of related fields such as agriculture, diagnostics, carbon and methane upcycling, cancer treatment, etc. If so, check out what the nine teams have been up to so far. I’m working on it.
IndieBio’s previous breakthrough startups include cultured meat company Upside Foods. $400 million Led by two sovereign wealth funds that valued the company at more than $1 billion last year, MycoWorks, a company that makes leather from fungi, closed a $125 million Series C round last year at an undisclosed valuation. did.
Here’s a quick snapshot of each:
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FREZENT Biological Solutions
FREZENT said it is developing a new class of bispecific antibodies that target dormant cancer cells that survive chemotherapy and can cause recurrence. The approach is to block the metabolism of dormant cancer cells, preventing their reactivation and survival. The team is currently focused on monoclonal antibody discovery and proof-of-concept studies. Click here for details.
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Xias Bio Limited
according to Cias Bio, the three most important proteins in skin and hair care products, collagen, keratin, and elastin, are typically derived from cow skin, chicken feathers, and meat processing by-products (breck). In light of growing concerns about greenhouse gas emissions, water pollution and deforestation, a new generation of cosmetics consumers want the industry to replace animal proteins with sustainable alternatives, and Xias Bio We are responding to that request. Specifically, we developed a molecular platform to create and license multifunctional proteins that are free of animal-derived components. L’Oreal buys what it already sells. The startup’s founders have since said that the idea is to go beyond cosmetics to replace animal protein in many other sectors, including the pharmaceutical and food industries.
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serious farming
Earnest Agriculture says it has engineered a microbial consortium that protects crops from disease, pests and drought while improving soil health. The group claims that applying these patented microorganisms as a seed coating will increase yields seven times, reduce the use of synthetic chemicals and make crops more resilient to climate change. Click here for details.
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biometallica
biometallica’s pitch That means tens of millions of tons of electronic equipment are thrown away every year, much of it incinerated, releasing billions of dollars of recoverable material in the smoke. Not to mention the release of toxic gases. This startup’s eco-friendly solution to recovering some of these rare metals (palladium, platinum, rhodium) is a biochemical that separates palladium group metals (PMG) from e-waste, including used catalytic converters. It uses genetically modified bacteria that produce .
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Affinia
Affinia has developed and patented a blood test for early diagnosis of endometriosis. This blood test will provide results within a few days. The company says it will be available starting next year in clinics and through home collection kits. As with many women’s health startups, if all goes to plan, the team’s endometriosis testing will be just the beginning. The idea is to build a digital platform that provides diagnosis, virtual care, and prescription delivery for endometriosis and other conditions. Click here for details (Note that the startup was originally called AIMA and has not updated its site yet).
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carbon bridge
Freight carriers are already ordering methanol-powered ships to meet EU emissions standards, but uptake has been slow because green methanol cannot compete with oil on price. carbon bridgeThe solution to the challenge is described as a low-temperature, low-pressure microbial process that uses a bioreactor to upcycle carbon dioxide and methane into liquid methanol. Furthermore, it is said that gas can be procured cheaply from all over the world. 16,000 Wastewater treatment facilities in the United States typically burn it off.
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Equol
Aequor has discovered a marine microorganism that produces a molecule that removes bacterial slime in minutes, and when applied to water treatment facilities, the concentrate reduces traditional chemical usage by 90% and reduces energy usage. It says that it can reduce the amount of slime by up to 15% and prevent the formation of slime. The filter may become clogged and cause a shutdown. The larger goal is to enable access to safe and affordable drinking water while reducing the cost and environmental impact of water treatment. Click here for details.
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unibio
Almost all farmers$230 billion Herbicides, pesticides, and fertilizers designed to increase crop yields are used every year, but the unintended consequences are well documented. not good. unibio They say there are better alternatives. The company says it has developed natural microparticles that can enhance biological crop protection agents by allowing them to penetrate plants more efficiently and reducing the amount of traditional chemicals required by up to 80%. It is said that it was developed.
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Terra Bio Industries
discarded food account 8-10% As the founder of Terra Bioindustries talks about greenhouse gas emissions. That’s why the company has developed a platform to upcycle brewing spent grain, a byproduct of beer that is difficult to sell. It works through a low-energy enzymatic process that separates the grain into edible sugars and proteins, which are then sold to food manufacturers and precision fermentation companies. Installation costs are also low by using commercial equipment found in most food processing facilities. Click here for details.
Source: techcrunch.com
