C16 Biosciences
Business Services · New York, United States · 11-50 Employees
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Overview
Headquarters
619 W 54th St Fl 7, New York City, New Y...Website
www.gopalmless.comRevenue
<$5 MillionIndustry
About C16 Biosciences
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Series A
$20M
Other Financing Round
$1M
Grant
$3.5M
C16 Biosciences Tech Stack
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C16 Biosciences News & Media
Startup brewing waste to replace palm oil gets Gates Foundation cash
The Gates Foundation is pumping millions into C16 Biosciences, the Y Combinator-backed company fermenting palm oil alternatives. © 2023 TechCrunch. All rights reserved. For personal use only.C16 Biosciences, makers of Palmless™, ramps up in food fueled by fresh funding
NEW YORK--(BUSINESS WIRE)--C16 Biosciences, makers of Palmless™, the platform for sustainable palm oil alternatives, is ramping up its capabilities in the food category, fueled by a $3.5 million grant from the Bill & Melinda Gates Foundation as well as a $1 million investment from Elemental Excelerator. C16 Biosciences will use the designated funding from the Gates Foundation to expand the Palmless™ platform by working with non-agriculturally derived feedstocks to produce food-grade oils an‘Precision fermentation’ start-ups pursue palm oil alternatives
Lab-based producers think they can make $70bn industry more sustainable — if regulators will let themPalmless™ Introduces First Consumer Product for the Beauty Industry
NEW YORK--(BUSINESS WIRE)--Palmless™ Introduces First Consumer Product for the Beauty Industry
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Frequently Asked Questions Regarding C16 Biosciences
Palmless specializes in sustainable, biomanufactured ingredients created through innovative fermentation processes for the beauty, food, and personal care industries. The company aims to redefine natural by providing high-performance ingredients that are more precise and sustainable, addressing the growing consumer demand for eco-friendly products.... Read More