News International Sugar Journal

Industrial Microbes wins U$0.5 million for their CO2 to malic acid process [Registered]

The Climate Change and Emissions Management Corporation (CCEMC) of Alberta, Canada has selected the US start-up Industrial Microbes as a Grand Challenge finalist for their proposal to develop new methods of converting two greenhouse gases into building-block chemicals. The CCEMC Grand Challenge is an Alberta-based $35M grant program that funds important emerging technologies to capture and utilize carbon dioxide. As a Grand Challenge finalist, Industrial Microbes will receive $500K over the next two years to fund development of its fermentation technology to create products from CO2, and an opportunity to compete for $3M and $10M CCEMC grant awards in 2015…

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