{"id":138320,"date":"2024-02-05T07:32:00","date_gmt":"2024-02-05T06:32:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=138320"},"modified":"2024-01-29T11:27:34","modified_gmt":"2024-01-29T10:27:34","slug":"syensqo-invests-in-bioeutectics-a-start-up-producing-green-solvents","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/syensqo-invests-in-bioeutectics-a-start-up-producing-green-solvents\/","title":{"rendered":"Syensqo invests in Bioeutectics, a start-up producing green solvents"},"content":{"rendered":"\n\n
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Syensqo Ventures, the group\u2019s venture capital fund, participated in the $2.1 million financing round for\u00a0Bioeutectics, alongside\u00a0Fen Ventures<\/a>,\u00a0Atento Capital<\/a>\u00a0and\u00a0SOSV (IndieBio<\/a>). Founded in 2019, Bioeutectics provides natural and high-performance solvents that make industrial products and processes more sustainable. This new investment strengthens the\u00a0existing partnership<\/a>\u00a0between Syensqo Ventures and the\u00a0Genesis Consortium, supporting startups in the SOSV\u2019s IndieBio startup development program, the #1 early stage biotech incubator.<\/strong><\/p>\n\n\n\n

Syensqo, through its Renewable Materials and Biotechnology<\/a> growth platform, is driven by a strong commitment to develop more sustainable solutions in the food, agro, industrial and biopharma sectors. <\/p>\n\n\n\n

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\u201cWe see a growing demand for efficient and environmentally friendly solvents, which can also be biodegradable, non-toxic and affordable. Bioeutetics\u2019 cutting-edge technology is at the forefront of solvent innovation, combining high-performance, quality and sustainability that could bring real added value to Syensqo\u2019s portfolio of products.\u201d – Jean-Christophe Castaing, Global R&I Director, New Technologies at Syensqo<\/strong><\/p>\n<\/blockquote>\n\n\n\n

Based on pioneering technology – Natural Deep Eutectic Solvents (NADES), Bioeutetics mimics the way plants elaborate their own solvents, using 100% renewable sources. By replacing petrochemical-based solvents with natural alternatives, Bioeutectics provides solvents with an improved environmental, health, and safety profile that are aligned with and contribute to the achievement of sustainable development goals. <\/p>\n\n\n\n

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\u201cWe are excited to have Syensqo onboard to help us bring these early stage innovations to the market. Syensqo\u2019s expertise in solvents and formulation is key to our success.\u201d – Tomas Silicaro, CEO of Bioeutectics<\/strong><\/p>\n<\/blockquote>\n\n\n\n

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\u201cWe are thrilled to partner with this enthusiastic team, who is working on the future of green solvents. Bioeutectics has developed not only specific products but also a platform to design these innovative solvents, increasing significantly the potential applications.”- Coppelia Marincovic, Partner at Syensqo Ventures<\/strong><\/p>\n<\/blockquote>\n\n\n\n

About Syensqo<\/h3>\n\n\n\n

Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates in 30 countries.<\/p>\n\n\n\n

Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and health care applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity.<\/p>\n\n\n\n

About Syensqo Ventures<\/h3>\n\n\n\n

Syensqo Ventures is the Venture Capital fund of Syensqo, through which Syensqo invests in early-stage startups globally that address major human challenges associated with resource scarcity, climate change and quality of life. The Venture Capital fund acts as an accelerator, providing opportunities for collaboration, innovation and growth for both the startup and Syensqo.<\/p>\n\n\n\n

Learn more at https:\/\/www.syensqo.com\/en\/innovation\/syensqo-ventures<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Syensqo Ventures, the group\u2019s venture capital fund, participated in the $2.1 million financing round for\u00a0Bioeutectics, alongside\u00a0Fen Ventures,\u00a0Atento Capital\u00a0and\u00a0SOSV (IndieBio). Founded in 2019, Bioeutectics provides natural and high-performance solvents that make industrial products and processes more sustainable. This new investment strengthens the\u00a0existing partnership\u00a0between Syensqo Ventures and the\u00a0Genesis Consortium, supporting startups in the SOSV\u2019s IndieBio startup development […]<\/p>\n","protected":false},"author":59,"featured_media":138333,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"The investment, made through Syensqo\u2019s venture capital fund, will contribute to bring more sustainable products and processes to market","footnotes":""},"categories":[5572],"tags":[5838,13085,5796,5528],"supplier":[23468,23467,11432,22326],"class_list":["post-138320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bio-based","tag-bioeconomy","tag-biosolvents","tag-biotechnology","tag-sustainability","supplier-bioeutectics","supplier-genesis-consortium-sosv-consortium","supplier-indiebio","supplier-syensqo"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/138320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=138320"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/138320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media\/138333"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=138320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=138320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=138320"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=138320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}