Arkeon, a Company Turning Carbon Dioxide Into Protein, Files for Insolvency
Arkeon, an Austrian startup using fermentation to turn carbon dioxide into high-quality amino acids, has formally filed for insolvency. Co-founder and CEO Gregor Tegl made the announcement on LinkedIn, but did not reveal why the startup had run into difficulties. He thanked Arkeon’s team members, advisors, investors, partners, and supporters for their dedication to the company. Arkeon was founded to transform industrial emissions into proteins, with the aim of creating …