Danish #biotech startup company @OctarineBio has announced the successful completion of a €4.35 million ($4.6m) funding round to scale its nature-based textile dyes.
Read more: https://t.co/rviaM9LUhs
Congratulations with investment @Octarine!👏 Octarine joined BII back in 2019 and has since seen great success with its sustainable, nature-based dyes created by employing a first-in-industry precision fermentation process🌈
We want to warmly thank existing investors @CapitalOskare and @dsmfirmenich venturing for their unwavering support and continued investment in Octarine, and also to new investors @UnconvenVc and The Footprint Firm for their belief in our vision for a more sustainable future.
Today, we are so excited to announce the close of our latest oversubscribed investment round totalling €4.4 million and bringing the total raised to date to over €12 million!!!
https://t.co/xxIxzyAhWM
As we continue to ramp up commercial activities on our bio-based colour program we’ve decided to freshen up our visual identity. Today we’re proud to unveil the new look Octarine!
As part of the update, we’re also revamping our website. Check out https://t.co/YdYe8fnKqm for a sneak peek.
We have some exciting new developments to share over the coming week, stay tuned for our next big announcement.
JOB ALERT! We're looking for a textile dyeing chemist to perfect our innovative direct dyeing process for natural bio-based colours. Apply now!
https://t.co/ThFkU5JM3S
Our fearless CEO and co-founder @NetGallage recognised as one of “25 female entrepreneurs you should know” by Dansk Erhverv at the Danish parliament. Octarine is proud to celebrate the recognition of our CEO and hope her success inspires future entrepreneurs to follow her lead
🧪Biotech startup Octarine Bio and cell programming platform @Ginkgo Bioworks have signed an agreement to work together to produce natural #dyes for the #textile industry🧪
https://t.co/OMyPApRr0J
We're proud to announce our partnership today with @Ginkgo to accerlate our natural colors program and produce violacein, a vibrant natural colour with potent bioactive properties.
Today, we’re announcing a multi-stage partnership with @OctarineBio, a synthetic biology company developing new sustainable bio-based ingredients. We’ll work to engineer a strain to produce violacein – a naturally occurring pigment. https://t.co/u6l2CpWCIe
Our collab with @DTUBiosustain has been published describing the production of novel tryptamine analogues in yeast for the first time. This work paves the way to use our tryptamine fermentation platform to produce new industrially/therapeutically relevent halogenated tryptamines
Brewer’s Yeast Engineered to Produce Halogenated Tryptophans and Tryptamines: Proof-of-concept for the production of halogenated indole derivatives
https://t.co/Hf9o1d9PV9