Symrise Invests in Cellibre’s Advanced Precision Fermentation Platform
Symrise, a global supplier of fragrances, flavorings, cosmetic active ingredients, and functional ingredients, has announced a strategic equity investment in US biotech company Cellibre. Through the partnership, Symrise will gain preferred access to Cellibre’s proprietary, precision fermentation-based technology. Together, the two companies will develop next-generation manufacturing technologies for globally important ingredients. This will enable Symrise to accelerate the commercialization of high-value natural flavor ingredients and cosmetic bioactives. The technology could …
EvodiaBio Raises €7M to Revolutionize Non-Alcoholic Beer with ‘Yops’, the Aroma of Hops
Danish startup EvodiaBio announces it has raised €7 million from foreign and Danish investment funds, including EIFO and The March Group. Based in Copenhagen, EvodiaBio leverages yeast fermentation to produce natural aromas and flavors for the F&B industry. With the new capital, the company will commercialize its first product, ‘Yops’, the aroma of hops, for the production of non-alcoholic beer, and expand its portfolio. Camilla Fenneberg, CEO of EvodiaBio, said, …