he company recently closed a $9 million Series A round. The team are heavyweights from across the business, tech and science sectors. The CEO, Isac Bentwich founded Rosetta Genomics (NASDAQ:ROSG).
Sustainable and bio compounds
Azotic Technologies, a young company in the UK, has created a new nitrogen fixing technology based on a food bacteria which makes it sustainable nitrogen. Rather than agriculture being dependent on nitrogen fertilizers, crops can get a nitrogen fix from the air. This would reduce the dependency on chemical-based nitrogen fertilizers, be less expensive and protect both land and water.
In the gray area between bio-tech and ingenuity, there’s insect biotechnology and that brings us to Yinsect, a French company focused on farming insects.
The company transforms insects for nutritional purposes using green chemistry, in other words, they’ve figured out a way to raise insects and feed them organic substrates like cereal byproducts, which then converts the insects into a sustainable nutrient resource, like food for fish farms. The company has already raised $5.5 million from international investors.