Zebeth Media Solutions

Climate

Bruvi’s new coffee pods bio-degrade faster with the power of enzymes • ZebethMedia

Bruvi‘s B-pods take a novel approach that (probably correctly) assumes consumers are too lazy to return their aluminium pods to the manufacturer (looking at you, Nespresso), and too clumsy to do the pre-processing needed to properly dispose of other pods. So the company instead assumes that the pods go to a landfill, and designed them to disintegrate when they do. The company caught my attention just days after Intropic received the runner-up prize at ZebethMedia Disrupt Battlefield for its plastic-degrading bio-enzyme tech — seeing another implementation of the same idea turn up in the wild in a commercial application is exciting. Personally, I’d still prefer we’d just use bean-to-cup solutions instead; the coffee itself is perfectly biodegradable, after all, but consumers are gonna consume, I guess. “The reality today is that the world uses a lot of plastic. But if we’re being really honest, there are still no scalable and truly commercially viable alternatives to this material — especially in the U.S. where access to industrial composting facilities is very limited,” says Bruvi co-founder Mel Elias, in an interview with ZebethMedia ahead of the company’s launch of its new coffee machine. “Plastic, especially for packaging, is cost-effective, preserves food freshness and safety and uses comparatively fewer natural resources or carbon footprint to produce. We think the biggest problem with plastic — especially single use plastic, is its end of life — i.e. plastic waste.” Plastic has gotten a bad rap, of course, and there’s a lot of confusion among consumers in terms of what is actually recyclable. “We are convinced here at Bruvi that we have found a very viable alternative, other than recycling, to address the problem of plastic waste by using bio enzyme technology,” Elias says. “Some innovative companies continue to pursue the quest for alternative packaging materials — and that’s great and very much required. But our approach at Bruvi, as a local startup without billions of dollars of capital, has been to ask — what do people do now? What infrastructure exists? How can we make it better than before in practical steps that the masses can adopt without expecting a migration of human behavior?” The company decided to play some more environmental notes at the start of its life, setting out to create a platform that could be more eco-efficient, without encumbering the consumers. “For consumers who are under the perception that single-serve pod coffee systems are bad for the environment, our aspiration at Bruvi is to ultimately turn this perception on its head and demonstrate that if you really care about the environment but still want to drink specialty coffee, Bruvi is your choice,” Elias argues. “The enzyme-infused pod allows us to achieve this lofty objective. First it provides for a better alternative for responsible plastic waste disposal, but also preserves the merits of plastic as a meaningful improvement to the social impact of consuming specialty coffee. While the real problem of plastic or aluminum capsules buried beneath the landfill for 1,000 years must be addressed, the solution must never be worse than the cure.” The cynic in me was curious if this planet-friendly plastics thing could just be a launch stunt; nothing stops the company from switching back to traditional (and, presumably, cheaper) plastics as soon as they are in consumers’ hands — the cost, both in time and in money, to use an alternative plastic was not insignificant. “This is the first time enzyme-infused plastic has been applied to a polypropylene coffee capsule, so this has already been an expensive endeavor for us as a startup,” Elias admits. “Adding the bio-enzyme admittedly does add a significant enough increase to the actual cost of our pods that would be a disincentive to most. Our social impact mission demands this course of action and so do the consumers we are trying to reach. Simply put, we couldn’t afford not to implement this solution.” The company claims it spent almost five years to find a plastic that could have the moisture and oxygen barriers needed for a coffee capsule, while keeping food safety and the need for a high-pressure coffee brewing system in place. “Our immediate hope is that the large waste management companies that own or manage the majority of the active landfills in the U.S. today will be more incentivized, and supported by policy and regulation to increase the number of landfill gas to energy projects that are already in place today,” Elias says. “We also hope that the use of infused plastics becomes more commonplace across other industries as an alternative solution to plastic waste — it’s a bio enzyme leading to organic fermentation in an anaerobic environment so no microplastics are created as a by-product and that’s another great benefit.” The company shared that the actual bio enzyme it used is a commercially available product and that there are “multiple supplier options with varying degrees of efficacy,” but declined to name the manufacturer or the specifics of the enzymes used here. When pushed on whether bean-to-cup would have been a more eco-friendly solution, the company invites some reflection on the convenience factor. “There are two primary reasons we focused on a pod-based system from the sustainability perspective. First, they are incredibly popular with consumers for the convenience they offer. It’s a $7 billion market in the U.S. with about 29% household penetration. Further, it’s growing about 10% annually in both brewer installs and pod sales. So our choice in developing a pod system was based around giving consumers a better, tastier version of something consumers already want and use. Convenience, freshness and the need for variety options by the cup is something consumers want and something bean-to-cup machines (which are notoriously difficult to clean and maintain) don’t provide,” Elias says. “Secondly, Bruvi’s goal, as I previously mentioned, is to ultimately create the most eco-efficient way of consuming specialty coffee. Single-serve, and Bruvi in particular, is some way down the road in achieving this. A pod system like ours reduces coffees, water

Smartex sews up $24.7M to put smarter eyes on textile manufacturing • ZebethMedia

A lot of things might spring to mind when you hear “fashion,” but taking care of the planet generally isn’t on that list. Smartex just raised a couple of bolts’ worth of cash, sowing up a round of funding to bring smart tech to fabric manufacturing. The hope is to be able to detect textile defects in real time. The company is pushing hard on the green angle for its products. Smartex has developed machine-vision-driven software that makes fabric production more efficient by identifying defects, which primarily can be used to stop manufacturing if something is going wrong, preventing waste. In particular, the company argues that imperfect fabric can travel down the supply chain, with product issues only getting discovered much later in the manufacturing process. “I was born and raised by textile factory workers, I worked in factories when I was a teenager, I have a master’s in physics and the textile industry has been chasing me since ever,” said Gilberto Loureiro, co-founder and CEO of Smartex, in an interview with ZebethMedia. “We co-founded Smartex because we’re obsessed with solving problems — and the textile industry has big ones. It’s probably the industry with the worst ratio size / automation. Textile factories don’t have the tools to produce in a clean, transparent, efficient way… generating massive amounts of waste and other problems.” The company declined to share the valuation of its $24.7 million round, but told ZebethMedia it was led by Lightspeed Venture Partners and Tony Fadell’s Build Collective. Additional funds were raised from clothing giant H&M Group, DCVC, SOSV’s HAX, Spider Capital, Momenta Ventures, Bombyx Capital Partners and Fashion for Good. The company previously raised a $2.9 million seed round in 2019 co-led by DCVC and Spider Capital. Smartex’ founders, Antonio Rocha, CTO & Co-Founder, Gilberto Loureiro, CEO & Co-Founder, and Paulo Ribeiro, VP of Engineering & Co-Founder. Image Credits: Smartex. “It’s fantastic to work with such mentors that have invaluable experience. Lightspeed Ventures is a truly global firm and supports us in many geographies we operate, Paul [Murphy from Lightspeed VP] is also an operator with tremendous insights in scaling businesses,” said Loureiro, “Tony Fadell and his team are world-class mentors and operators with a unique product and marketing approach. Tony’s recent book “BUILD” is one of our bibles.” These Series A funds will enable Smartex to expand the business to new geographies and to continue to grow the team. “I’m so excited about textile production in Asia and all the mega-factories in Bangladesh, Vietnam, China, etc. No one will ever solve textile problems without having a deep understanding and presence in these markets. So, going into all the cultural aspects and making businesses here is really awesome,” said Loureiro. “Our ultimate vision and long-term goal is to expand into other industries to enable factories around the world to produce with significantly less waste. We won’t stop until we have made a massive difference.” It takes a rather sturdy stomach to take on an entrenched industry where a lot of the manufacturing facilities don’t have the necessary infrastructure to run AI-powered QA, but it’s a changing industry. “This industry is very challenging! That’s one of the reasons why few tech companies operate in here. We feel blessed to be already creating a massive impact — but when compared with the overall size of the industry, it feels like nothing,” Loureiro explains. “If there was ever a time to solve massive problems — it’s now!”

Sacca’s Lowercarbon doubles down on startup bringing solar modules to Indian rooftops • ZebethMedia

Chris Sacca’s Lowercarbon is doubling down on a startup that is racing to bring solar modules to rooftops in India. SolarSquare said on Thursday it has raised $13 million in a Series A funding round led by Lowercarbon and Elevation Capital, just months after securing its seed financing. Existing backers Good Capital, Rainmatter, and social commerce Meesho founders Vidit Aatrey and Sanjeev Barnwal also participated in the round. Even as India is increasingly adding generation capacity from solar power, there’s a large population of the South Asian nation – the individuals – that is yet to join the clean energy bandwagon. Less than 0.5% of Indian homes have rooftop solar systems. Such slow adoption could dampen Prime Minister Narendra Modi’s ambitious renewables goal. SolarSquare, which sells, installs and helps individuals finance solar modules, has an ambitious plan to change that. The startup also provides its solar solutions to housing societies and commercial establishments. SolarSquare says it has solarized close to 5,000 homes in India in the last two years, helping them save about $480 yearly on their electricity bills and offset four metric tons of carbon dioxide emissions. SolarSquare, which pivoted to serving the customer segment two years ago after running a profitable business selling rooftop solar to corporates for years, is currently generating revenue at a runrate of $12 million a year, said Shreya Mishra, co-founder and chief executive of SolarSquare, in an interview with ZebethMedia. “We are on a path of being a full-stack rooftop solutions provider. The market opportunity is so large, you can imagine the trust a middle class homeowner has to have to make a purchase of that size. We are innovating on every aspect of solar modules to serve our customers,” she said. The average ticket size of a purchase of the solar module is about 2 lakh Indian rupees, or $2,410. SolarSquare also helps members with financing options through a network of partners. Mishra said she sees the startup get a license to operate its own nonbanking financial institution to provide better options to its customers in a year. Husband-wife duo Nikhil Nahar and Shreya Mishra and Neeraj Jain (right) founded SolarSquare. “Solar as a product purchase pays for itself. It’s unlike a product like, say, your refrigerator, which is an investment. Once you have put solar modules on your rooftop, you start saving each month. A 2 lakh investment will result in savings of 12 lakh to 14 lakh in 25 years. But there’s a high upfront investment, so once we realized that, it’s clear that we need to bring more financing options to customers,” she said. SolarSquare — which currently has presence in Bengaluru, Delhi, Gujarat, Hyderabad, Madhya Pradesh and Maharashtra— installs its solar panels within hours, compared to some legacy firms that taking up to five days. In some homes, based on customers’ request, it builds an additional ramp for mounting panels. The startup plans to expand across India with the fresh funding. “Solar is now much cheaper and cleaner than digging up and burning old dinosaur bones, so putting it on your roof just makes sense, especially in a part of the world with as much sun as India,” said Sacca in a statement. “But getting panels installed wasn’t always easy. We backed Shreya, Neeraj, and Nikhil because they’ve cracked the code on hassle-free rooftop solar.” Indian firms making inroads with Indian residences will help the South Asian nation’s renewables goal. Coal currently powers 70% of India’s electricity generation, but Modi has pledged that India will produce more energy through solar and other renewables than its entire grid now by 2030. It has taken steps to help startups such as SolarSquare. New Delhi offers subsidies to homeowners who are powered by rooftop solar, allowing them to distribute the excess power they generate to grids throughout the day and use the grid power at night. Mishra praised New Delhi’s efforts on climate change, saying: “India is the first country in the world to make net-metering, this exchange of electricity, policy that makes economics more viable as you’re able to freely trade electricity with the grid. More than 80% of homes are meet 100% of their electricity requirements this way.” “Net-metering is a policy in many parts of the world. In India, it’s a right. A policy is something that can be revised every few years, but a right is a right that is going to stick. This is one of the reasons why we became so bullish on serving the residential solar market in India. As long as net-metering is a consumer right, there is nothing else that is needed.”

Google’s wildfire detection is available in US, Mexico, Canada and parts of Australia • ZebethMedia

At an AI-focused press event today in New York, Google announced that it’s bringing its AI-powered wildfire detection system to the U.S. Canada, Mexico and parts of Australia. It’s one of several “AI for good” efforts the company detailed this morning, which also included Google’s efforts to expand flood forecasting to more regions around the world. The previously announced system utilizes machine learning models trained on satellite data to track fires in real-time and predict how it will spread. The feature is initially focused on helping first responders determine how best to control the fire. We’ve trained ML models using satellite imagery to identify and track wildfires in real time and predict how they will evolve to support first responders.( We’re announcing our wildfire detection system now works in the US, CAN, MX and parts of AUS.(3/5) pic.twitter.com/TX1BnvUjeN — Google AI (@GoogleAI) November 2, 2022 This time last year, Google announced that the technology was being added as a layer in Google Maps. The company noted at the time, [W]e’re now bringing all of Google’s wildfire information together and launching it globally with a new layer on Google Maps. With the wildfire layer, you can get up-to-date details about multiple fires at once, allowing you to make quick, informed decisions during times of emergency. Just tap on a fire to see available links to resources from local governments, such as emergency websites, phone numbers for help and information, and evacuation details. When available, you can also see important details about the fire, such as its containment, how many acres have burned, and when all this information was last reported. The feature joins a similar ML-based flood forecasting feature announced back in 2018. That feature is now being expanded to an additional 18 countries.

One of Canada’s biggest climate-tech backers pulls back • ZebethMedia

A prolific investor in climate-tech companies in Canada is back with a second fund for “low-carbon technologies” — only this time the firm plans to pump less money into the scene, over a longer period of time. The Business Development Bank of Canada (BDC) came out with a new, $400 million climate-tech fund on Wednesday, which it called a “renewed commitment” to help build “world-class Canadian cleantech” companies. The BDC is owned by the state and was set up to drive economic development in Canada. Its recent venture deals include joining Samsung in a round for VueReal, which makes tiny, low-energy displays. And earlier this year, BDC chipped in with Toyota to fund e-Zinc, which builds zinc-air batteries that could help utilities store renewable energy for when the sun is not shining. The BDC debuted its first climate fund in 2018, with $600 million that it invested locally over four years. The investment corporation plans to make its second, smaller fund last five years, even as climate change accelerates. Asked about the pullback, fund managing partner Susan Rohac told ZebethMedia that the firm is “sizing the offer to a more robust market with many more partners that we can work with.” According to Rohac, BDC’s first fund was as large as it was because it was made to “address the lack of risk capital” for climate and clean-tech startups in Canada. Since then, “for every $1 that [BDC] committed, $6 has been raised in additional funding from the private sector by our portfolio companies, concurrently or after we invested,” Rohac said. In other words, the firm argues its supersized first fund created “more private sector appetite,” which will apparently make up for the BDC Cleantech Practice‘s downsized second act. To date, BDC says it has funded 50 climate- and clean-tech companies via the fund, which puts it in the same camp as other busy investors in the scene, including Active Impact Investments and Sustainable Development Technology Canada (which is also backed by the Canadian government).

Samsara Eco raises $54M AUD for its “infinite plastic recycling” tech • ZebethMedia

Samsara Eco, an Australian startup that uses enzyme-based technology to break down plastic into its core molecules, announced today it has raised $54 million AUD (about $34.7 million USD) in Series A funding. The company is planning to build its first plastic recycling facility in Melbourne later this year, with the target of full-scale production by 2023. Investors in the round include Breakthrough Victoria, Temasek, Assembly Climate Capital, DCVC and INP Capital. Existing investors like deep-tech fund Main Sequence, Woolworths Group’s W23 and Clean Energy Finance Corporation (CEFC) also participated. Samsara launched last year in partnership with the Australian National University. ZebethMedia last covered the startup when it raised $6 million earlier this year. The company’s enzyme-based technology breaks down plastics into their molecular building blocks to turn into new plastic products—which can in turn be broken down again, creating what Samsara refers to as infinite plastic recycling. Samsara’s new funding will be used for expansion, building its library of plastic-eating enzymes and funding its first commercial facility, which it says will be able to infinitely recycle 20,000 tons of plastic starting in 2024. It will also grow its engineering team and expand operations into Europe and North America. CEO and founder Paul Riley said that since March, when Samsara’s previous round of funding was announced, it’s been focused on expanding its enzyme library, which is now capable of depolymerizing several different types of plastic. Its also worked with partners to develop market solutions using Samsara’s plastic-recycling tech. Samsara’s tech is capable of breaking down plastic into its core molecules in minutes, regardless of color, type and state, said Riley. Its Melbourne facility will first recycle PET plastic and polyester, which Riley says accounts for about a fifth of plastic created annually. Its long-term mission is to recycle mixed bale plastics and advance its tech to the point where every kind of plastic can be infinitely recycled. “Given the scale of the plastics crisis, our vision was always to scale infinite plastic recycling as fast as possible,” he said. “For us, this capital raise was about partnering with those that bring industry expertise and commitment to addressing one of the world’s most prominent climate challenges—which is fossil-made plastic—and, in the process, reducing plastic pollution by closing the loop.” Samsara is also preparing for the launch of its first enzymatically recycled packaging, in partnership with Woolworths Group. The packaging will be on shelves in Woolworths’ supermarkets next year, moving the company toward its goal of recycling 1.5 million tons of plastic per year by 2030. Woolworths Group has committed to turning the first 5,000 tons of recycled Samsara plastic into packaging for its branded products, like vegetables and bakery trays. Riley said Samsara’s tech is highly tolerant of contamination and can recycle colored plastics, mixed plastics and multi-layered plastic, which means it has applications across a wide range of industries, including packaging, fashion, automative, medical, electronics and construction. The fashion industry accounts of about 10% of global CO2 emissions. Australia is the second-highest consumer of textiles per person in the world, Riley said, which gives Samsara the opportunity to recycle discarded fast fashion pieces in the form of mixed fiber textiles, reducing the amount of clothing that ends up in landfills. “As we expand our library of plastic-eating enzymes, the opportunity for infinite plastic recycling will continue to grow across all these industries, meaning we’ll never have to produce plastic from fossil-fuels again,” Riley said.

Indonesia weighs blockchain-powered carbon trading scheme • ZebethMedia

Indonesia wants to direct the blockchain craze toward greener use. The Indonesia Stock Exchange (IDX) has signed a memorandum of understanding with Metaverse Green Exchange (MVGX), a Singaporean startup that specializes in digital exchange technology. The intended collaboration centers around IDX’s emission trading scheme that is slated to launch in 2025, and MVGX’s job is to help IDX build a carbon registry and exchange with blockchain as the infrastructure layer. Using blockchain in carbon trading solves what’s called the double-counting problem where two entities or an entity and a country lay claim to the same climate action, Bo Bai, executive chairman and co-founder of MVGX, tells ZebethMedia. Founded in 2018, MVGX is licensed by Singapore’s finance authority to provide securities and custodial services. Offering SaaS to commercialize carbon credits, the startup’s focus is on “emerging markets seeking to offer access to their emission reduction projects internationally.” “The infrastructure also provides an immutable record of the creation and ownership of the credit, as well as a tamper-proof record of the performance of the green project with which the carbon credit is associated, to date,” explains Bai. Indonesia has joined a raft of countries ramping up their environmental accountability with a financial mechanism. As of July, 46 countries are pricing emissions through carbon taxes or emissions trading schemes (ETS), according to the International Monetary Fund. “The Indonesian government has recognized the vital role that the financial services industry can play in strengthening the country’s sustainability commitments. IDX is currently preparing for the possibility of becoming a carbon exchange in Indonesia and started discussions with several parties to deepen our knowledge,” says Jeffrey Hendrik, director of business development at IDX, in a statement. Carbon trading isn’t a panacea for climate change. The mechanism incentivizes carbon emitters to be less polluting or they’d need to buy from those with excess carbon credits to offset their carbon footprint. The capital generated from the sales of carbon credits can then go towards financing conservation efforts, at least in theory. But one of the biggest criticisms of the mechanism is that offsetting allows entities to claim carbon neutrality without making a significant effort to reduce emissions in the first place. While blockchain is believed to help create a streamlined public record for carbon trading, it doesn’t address the incentive issues around offsetting. Nor does it ensure the quality of emission reductions from credit issuers or whether these claims hold up in the long term. Crypto’s reception in the carbon trading world isn’t particularly warm, either. Startups that work to tokenize carbon credits have soared in popularity in the past year as they promise to entice more investors into the world of carbon exchange. One of the buzziest projects is Toucan, which started out late last year by bridging credits issued by Verra, the carbon trading industry’s standard bearer, onto the blockchain and “retiring” the credits as tradable tokens. In May, Verra banned the conversion of retired credits into cryptocurrencies “on the basis that the act of retirement is widely understood to refer to the consumption of the credit’s environmental benefit.” The backlash of Toucan hasn’t stopped countries from embracing blockchain carbon trading. Aside from the potential partnership with Indonesia, MVGX has also worked with carbon trading initiatives in China, including the Guizhou Green Finance and Emissions Exchange, and is in advanced conversations with relevant authorities in Malaysia and Taiwan to collaborate on infrastructure projects, according to Bai.

Third Nature targets $35M fund • ZebethMedia

With a glitzy vision of tackling some of “the biggest planetary challenges,” Third Nature is out to raise $35 million for its first VC fund, ZebethMedia has learned. Third Nature has secured at least $2.8 million so far, per a regulatory filing. It joins a wave of relatively new, environmentally-focused funds that are driving the current climate-tech boom. While introducing Third Nature earlier this year, founder Jason Ingle argued that “simply decarbonizing our economy won’t restore planetary health.” In a blog, he laid out his take on something broader, which he called “earth systems investing” in an apparent nod to earth system science. Ingle did not respond to a request for comment on his plans, however the firm’s website indicates it will back businesses that focus on the climate crisis and other interrelated threats to life as we know it, such as ocean acidification and biodiversity loss. Third Nature participated in AlgiKnit’s $13 million series A earlier this year, alongside fast-fashion giant H&M and Collaborative Fund. AlgiKnit makes yarn with giant kelp; the startup aims to help shrink the textile industry’s carbon footprint. Third Nature may have an especially broad raison d’etre, but its scope overlaps with plenty of other climate-minded investors, including Boston’s Propeller and Paris-based Satgana. But unlike Propeller, which is working with the Woods Hole Oceanographic Institution and climate scientist Dr. Julie Pullen, Third Nature hasn’t announced any noteworthy partnerships or advisors to date. Before Third Nature, Ingle co-founded Closed Loop Capital, which backed firms like Beyond Meat and farm software developer Conservis. Ingle is based in Philadelphia, according to LinkedIn.

Cruz Foam’s chitin-based packaging brings in $18M as industries scramble to go green • ZebethMedia

The best way to remove plastics from the ecosystem is to make sure they never get there in the first place, and Cruz Foam is well on its way to replacing some of the worst ones out there with its naturally-derived and compostable alternative — and the company just landed an $18M series A to do it faster. Cruz Foam creates materials out of chitin, which is what makes up the shells of most crustaceans, like crabs, shrimp, lobsters and many land insects as well. It’s strong, stable, totally biodegradable, and boy is it plentiful: there are mountains of this stuff for the taking outside every seafood processing plant. The company, whose founder John Felts I met in Alaska during the Accelerator at Sea, has been scrappily humming along prototyping various ways to turn chitin and a few other natural ingredients into a material that can replace polystyrene foam (EPS, like Styrofoam) and other common plastic packaging. They got their first big break last year when Whirlpool tapped them to make a few pieces for their appliance boxes, and now, having proved out the idea, Cruz Foam is getting ready to break into half a dozen more industries. “A lot of what we’re focusing on is those two initial areas – packaging that replaces polyethylene and polystyrene foam. But demand is growing in other avenues: cold chain, CPG [consumer packaged goods], ecommerce, etc. People asking about construction, or how we can do injection molding. It’s exciting to see so much potential,” said Felts. The need to prototype and test these possibilities is one reason for the company raising such a considerably-sized round. They just bought a new extruder (foam like this is essentially printed using specialized equipment) and have been experimenting with all kinds of new form factors, driven by partners and potential partners across many industries. It helps that a number of laws and trends have steadily pushed companies towards eco-friendly alternatives to plastic or even cardboard. “Putting the ownership of waste and the collection back on the people that produce packages, you’re seeing a broad change in ESG goals,” he said. “It used to be, ‘OK, we’re going to be carbon neutral by 2030.’ Like, what does that mean? So we’re seeing real granularity in what that means now — is it packaging, is it energy use, what are the milestones, the two-year, three-year marks? That’s how you know they’re serious.” Cruz Foam enclosures for a piece of consumer electronics. Suddenly, it seems, everyone from goods manufacturers to the people who produce plastic foam are looking for full-stack alternatives, even if there isn’t cost parity. They see the writing on the wall, and the idea of being caught unprepared when a (say) ban on EPS kicks them out of west coast markets is a scary one. Felts said that the company is in talks with several of the largest manufacturers of packaging foam, working with them on a deal that would see them actually making chitin-based materials and sharing the glory with Cruz Foam. The truth there, though, is that neither party has much choice. The manufacturers need to prepare for a greener future, and Cruz Foam doesn’t have even a fraction of the machines it would need to meet demand. Felts said they never intended to actually do the manufacturing. “You literally can’t. Buying this extruder, it took 6 months,” he said, and even that was a miracle. “Can you imagine scaling a business if it took you two years to get one machine? You have to use the infrastructure that’s in place.” A ribbon of foam is extruded. Whoever makes it, you’ll probably be seeing more of their products soon. The company showed me some prototypes and new verticals it was working on, though it can’t announce any of its new partners or customers until the contracts or agreements are finalized, or in some cases until the requisite patents are filed. Suffice it so say that the company is going well beyond simply replacing a foam insert here and a molded shape there. The products Cruz Foam makes are generally compostable in the most broadly accepted sense, that you could just throw them in your yard and they’ll be gone in a month or two (and might even give your plants a boost). But because it’s being mated with cardboard and other materials, the company continues to face the challenge of how to make these things mesh with existing municipal waste systems. Is it recyclable according to Sacramento’s definition of the word? What about yard waste — does it technically break the rule there, and does anyone care? “The government needs to define standards for a new gen of compostable products – you’ve got to make it a no-brainer for customers,” Felts said. At least even if it goes in the wrong bin, it still degrades gracefully. The $18 million funding round was led by “global problem-solving organization” Helena, with participation from One Small Planet, Regeneration.VC, At One Ventures, and SoundWaves. The money will go towards expanding operations as well as R&D. “Out biggest focus is commercial production and revenue generation, until next year,” he said. “We’re filing tons of patents. A lot of growing the operational footprint of this company; we’re moving to new HQ, now up to 30 people.” With Cruz Foam focusing on the creative and sales work and working with existing manufacturers to actually make the stuff, 2023 could be the year the company goes from niche to mainstream. Watch your doorstep for the trademark CF (or as I prefer to see it, interlocking crustacean claws) on or in your delivery.

Neoplants bioengineers houseplants to use them as air purifiers • ZebethMedia

Meet Neoplants, a French startup that is designing genetically modified houseplants so that they can absorb air pollutants. The startup’s first plant, the Neo P1, works hand in hand with the company’s own microbiome located in the soil near the plant roots. Neoplants targets specifically a group of indoor air pollutants that can’t be efficiently captured by traditional air purifiers. Most air purifiers focus on particulate matters. But it’s harder to tackle volatile organic compounds (VOCs). That’s why Neoplants focuses on two categories of VOCs — formaldehyde (HCHO), and benzene, toluene, ethylbenzene and xylene (BTEX). These pollutants come from outdoor pollution, but also from materials that are used in construction, such as paints, coatings and chemicals. Cooking and smoking can also foster indoor pollution. “Our plant can capture the four main components that cause air pollution at home. But it can also turn it into something useful as it can become plant matter,” co-founder and CEO Lionel Mora told me. Plants usually metabolize CO2. But the Neo P1 has been modified at the DNA level so that it produces new enzymes that can also metabolize air pollutants. For instance, it turns formaldehyde into fructose, and it turns BTEX compounds into an amino acid that the plant can use to produce proteins later. While genetically modified organisms aren’t new, the company says that applying these methods on houseplants is new. “We had to sequence and annotate the genetic structure of this plant,” co-founder and CTO Patrick Torbey told me. Image Credits: Neoplants But the plant also needs some bacteria to remediate VOCs. The startup selected the most efficient group of bacteria against toluene and benzene across multiple rounds of directed evolution. In other words, Neoplants customers also have to add some proprietary powerdrops regularly to make sure that the combination of the plant and the microbiome-enhanced soil keep working well. After four years of research, Neoplants will start pre-orders at some point during the first quarter of 2023. The company creates its own plant shoots. It has partnered with industrial companies in the gardening industry so that they can grow these plants in their production sites. Neoplants will sell the Neo P1 package with the plant itself, a plant pot with a basket inside designed for maximum air intake and three months of microbiome for $179. The company raised $20 million from True Ventures, Heartcore, Entrepreneur First, Collaborative Fund and various business angels, such as Niklas Zennström. Up next, Neoplants aims to use the same processes with other plant varieties and other properties. It wants to start working on carbon capture and storage next year. Image Credits: Neoplants

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