Nurasa Integrates New Wave Biotech’s Simulation Software to Advance AI-Driven Biomanufacturing Scale-Up
UK-based software company New Wave Biotech has entered into a commercial partnership with Singapore’s Nurasa to integrate AI-driven bioprocess simulation into the latter’s food innovation infrastructure. The collaboration is intended to provide earlier-stage companies with tools to evaluate the technical and economic feasibility of scaling precision fermentation and other biomanufacturing processes. Virtual testing before physical investment Under the agreement, companies within Nurasa’s network will gain access to New Wave Biotech’s …
Biotech Manufacturers Gain Environmental Impact Insights with New LCA Tool
New Wave Biotech has launched a new Life Cycle Assessment (LCA) tool tailored to the biotechnology sector, designed to provide visibility into the environmental impact of manufacturing processes. This new tool is integrated directly into the company’s AI-driven process simulation platform, allowing biomanufacturers to assess multiple environmental factors such as climate change, energy consumption, and resource usage while also optimizing for performance and cost. The LCA tool is particularly relevant …
New Wave Biotech and CPI Address Lipid Extraction Bottleneck with AI-Powered Solutions
New Wave Biotech has announced a partnership with the UK’s Centre for Process Innovation (CPI) to address challenges in lipid extraction, a key process in industries such as food, personal care, and pharmaceuticals. The collaboration will focus on optimizing both solvent-based and non-solvent methods for extracting lipids, using AI-powered simulations to improve efficiency and reduce reliance on trial-and-error methods. The goal of the partnership is to use New Wave Biotech’s …
New Whitepaper Explores How Lean Startup Principles Could Accelerate Food Tech Innovation
New Wave Biotech and Nurasa have partnered to publish a new whitepaper exploring how lean startup principles — originally designed for fast-moving software companies — could be used by food tech innovators. Titled The Lean Startup Meets Food Tech: Does It Work?, the report reinterprets the five Lean Startup principles originally written by entrepreneur and author Eric Ries, outlining how they could apply to food tech and biomanufacturing. The resulting …
New Wave Biotech Secures €1.2 Million in Latest Funding Round to Expand AI Bioprocess Simulation Platform
New Wave Biotech, a company specializing in AI-driven bioprocess simulation software, has raised €1.2 million in a new funding round. The investment, which includes contributions from Innovate UK and EIT Food, will support the company’s efforts to expand its team and broaden its customer base. The funding is a combination of equity investment and grant funding. New Wave Biotech’s primary product, the Bioprocess Foresight platform, utilizes artificial intelligence to simulate …