ArkeaBio Raises $26.5 Million for Methane Reduction Vaccine

ArkeaBio's Series A Funding

Key Highlights:

• Series A Funding: ArkeaBio, an ag-biotech startup, raised $26.5 million in Series A funding.
• Investors: Breakthrough Energy Ventures (BEV) led the round, with participation from The Grantham Foundation for the Protection of the Environment, AgriZeroNZ, Rabo Ventures, Overview Capital, and The51 Food & AgTech Fund.
• Vaccine Development: Funds will be used to advance the research, development, and deployment of ArkeaBio's vaccine to reduce ruminant methane emissions.

ArkeaBio's Target Market

• Target Market: Agribusinesses, livestock farmers, and organizations in the agriculture industry seeking sustainable solutions to reduce methane emissions.
• Environmental Organizations: Collaborations with environmental organizations focused on reducing greenhouse gas emissions and mitigating climate change.
• Regulatory Authorities: Engagement with regulatory authorities to ensure compliance and approval for the vaccine's deployment.

What ArkeaBio Needs to Buy

• Research and Development Partnerships: Collaborations with research institutions and biotech companies to further develop and refine the vaccine.
• Field Trial and Testing Services: Partnerships with organizations that can conduct large-scale field trials and testing of the vaccine's effectiveness.
• Supply Chain Engagement: Collaboration with agribusinesses and supply chain partners to ensure seamless integration and distribution of the vaccine.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.