Algocell Secures $2.8M in Pre-Seed Funding to Optimize Bioprocessing with AI
Algocell, an Israeli startup focused on AI-driven bioprocess optimization, has raised $2.8 million in pre-seed funding to advance its platform for accelerating the scale-up and efficiency of cell-based manufacturing. The funding round was led by Good Company VC (GCVC) and includes a non-dilutive grant from the Israel Innovation Authority, with participation from several angel investors with sector-specific expertise. AI-powered bioprocess optimization The startup, founded in 2023, specializes in developing an …
SMEY Launches AI-Driven ‘Neobank of Yeasts’ to Speed Up Creation of Cultivated Oils
SMEY, a biotech company based in France and Germany, has launched NOY (Neobank of Yeasts), a digital databank of yeast fatty acid profiles designed to streamline the development of sustainable cultivated oils. The platform enables manufacturers to quickly identify yeast strains that naturally produce specific oils, drastically reducing the research and development time for creating tailored oils for use in food, cosmetics, and industrial applications. Traditionally, producing a new oil …
Icos Capital & Bühler Hold Accelerating Sustainability Summit, Connecting Dozens of Biotech Companies
On March 28, climate venture tech capital fund Icos Capital held the Accelerating Sustainability Summit at Bühler’s CUBIC Innovation Campus in Uzwil, Switzerland. The event brought together investors, industry leaders, and startups from the biotech sector with the aim of accelerating sustainable solutions and harnessing the power of artificial intelligence. By establishing an ecosystem of collaboration and innovation, Icos and Bühler hope to help startups scale up their efforts to …
Munich Startup Differential Bio Raises €2 Million to Transform Biomanufacturing With AI
Munich-based AI biotech startup Differential Bio has emerged from stealth to redefine biomanufacturing with its Virtual Scale-up Platform. The platform integrates advanced microbiology, lab automation, and artificial intelligence to eliminate bottlenecks in biomanufacturing. It aims to overcome one of the most significant hurdles in the industry — the slowness and expense of scaling bioprocesses from lab to industrial levels. Differential Bio has already raised €2 million in a pre-seed funding …
Webtalk Recording: AI Food System – Driving Change Through Intelligent Systems
In our latest webtalk, industry leaders delved into the transformative potential of AI in the food sector, highlighting its game-changing role in new product development and waste reduction. Panelists shared their “AI moments,” revealing how advancements in artificial intelligence are accelerating development timelines—from 9 months to as little as 90 days and less—and enabling companies to stay competitive by optimizing processes and improving efficiency. The conversation also explored how ingredient …