Industry: Life Sciences Region: Sweden Transaction Price: US $1million Transaction Method: Equity investment
Project Introduction:
The company focuses on the development and commercialization of unique biotech extraction platform technologies.
The technology platform can be used to efficiently extract proteolytic products from PHA plastics (bio-based plastics), protein-rich wastes, and bio-oil from microalgae. The company's patented technology produces naturally shaped bioplastic particles with intact molecular chains. Compared to other PHA production methods, the company offers a fossil-based plastic alternative while saving more than 50% in production costs.
PHA is a microbiologically accumulated polyester that is an environmentally friendly alternative to fossil-based polymers. They have material properties similar to some of the most widely used polymers in the plastics industry.
In addition, they are biocompatible and waterproof and have a wide range of applications in the polymer industry and medicine.
In addition, PHA is a carbon neutral biodegradable material and does not release any toxins during degradation.
For these reasons, PHA is considered to be one of the most promising bioplastics.
The company has a patented extraction method which is unique in that:
1. It is completely biological, free of chemicals and solvents.
2. It produces complete PHA granules,
3. It leaves nutrient-rich soluble non-PHA bacterial biomass as a by-product (20-50 % by weight of cell biomass) and can reduce production costs by more than half compared to other PHA production methods.
These features mean that the company's technology can significantly reduce production costs while producing higher quality products in a more environmentally friendly way. As a by-product of the production of biobased and biodegradable polymer PHA, the company's hydrolyzed cell proteins are sustainable alternatives to protein sources such as fish meal and soy. Currently, keratin fibers can only be made through the company's method, and its hollow cylinder structure means low density and good insulation for a variety of applications.
Cooperation Intention:
The company hopes to seek strategic partners in the Chinese market to jointly develop the Chinese market.