C16 Biosciences
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C16 Biosciences

http://www.c16bio.com/
Last activity: 04.04.2024
Categories: TechnologySupplyProductPlatformOilMaterialsFoodTechEnvironmentalB2CAlternative
C16 Biosciences uses innovative processes found in nature to brew sustainable alternatives to palm oil. Palm oil is everywhere: it’s in our food, clothes, shampoo, and even the fuel that powers our cars. But this $61 billion industry has drastic environmental and societal costs: rainforests from Costa Rica to Indonesia are destroyed to make way for oil palm tree plantations, releasing carbon dioxide into the atmosphere and destroying habitats for people and endangered wildlife along the way. But palm oil doesn't have to be a problem. There remains an urgent need for consumers and companies alike to switch to environmentally conscious, sustainable palm oil products. C16 was founded with the objective of creating a sustainable, environmentally friendly alternative to conflict palm oil. By offering producers, refiners, traders and consumers of palm oil an opportunity to invest part of their production into bio-based oils and sustainability efforts, our aim is to reduce the environmental footprint of palm oil production and protect precious natural land, wildlife, and resources in the process. We've developed technology to brew a sustainable alternative to palm oil from microbes. Fermentation is a well-proven commercial process that has been used for centuries to convert raw materials into consumable commercial products consumed by billions of people every day. We believe that brewing palm oil like beer is the best and most likely path to developing a truly sustainable palm oil alternative. Our palm oil is sustainable -- it doesn't involve deforestation, endangering precious animal species, or forcing inhumane labor practices. The result is a world where consumers can enjoy the products they love without worrying about the dangerous practices involved in making them.
Followers
482
Followers
2.01K
Mentions
16
Location: United States, New York
Employees: 11-50
Total raised: $24.5M
Founded date: 2018

Investors 14

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Funding Rounds 2

DateSeriesAmountInvestors
26.01.2024Grant$4.5M-
03.03.2020Series A$20M-

Mentions in press and media 16

DateTitleDescriptionSource
04.04.2024Q&A: Biomaterials startups are ‘not necessarily configur...Deep tech and high fashion rarely appear in the same sentence — a point Nicolaj Reffstrup hopes to h...agfunderne...
26.01.2024C16 Biosciences Raises $4.5M in Grant and EquityC16 Biosciences, a NYC-based maker of Palmless™, a platform for sustainable palm oil alternatives, r...finsmes.co...
25.01.2024Startup brewing waste to replace palm oil gets Gates Foundat...The Bill and Melinda Gates Foundation is pumping $3.5 million into C16 Biosciences, the Y Combinator...techcrunch...
25.01.2024C16 Biosciences: Palm Oil Alternative Startup Receives $4.5M...5 Mins Read New York-based C16 Biosciences has received a $3.5M grant from the Bill and Melinda Gate...greenqueen...
24.01.2024Exclusive: C16 Biosciences raises $4.5M to expand into foodC16 Biosciences, a palm oil alternative maker, received $4.5 million in grant funding and investment...axios.com/...
22.12.2022C16 Biosciences Has Built A Palm Oil Farm In Midtown Manhatt...C16 Biosciences founders in the company’s office in Manhattan, NY.C16 Biosciencesforbes.com...
08.11.2022C16 Biosciences Wins “Overall BioAgriculture Solution of the...C16 Biosciences’ mission is to stop deforestation and the high-carbon production practices present i...prweb.com/...
03.03.2022Fat… the final frontier for meat alternatives? Designer fat ...Most plant-based burgers currently on the market include a hard fat such as coconut oil, which is hi...foodnaviga...
06.12.2021Cellular agriculture & emerging markets: Just because we...Saron Berhane is an agrifoodtech entrepreneur based in Sydney, Australia. The views expressed in thi...agfunderne...
03.03.2020Palm oil alternative startup C16 Biosciences raises $20 mill...C16 Biosciences, a company seeking to commercialize a manufactured alternative to palm oil, announce...somacap.co...
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