Total Investment:
$4,000,000
CATEGORY
Microbial Engineering
FOUNDED
2017
HQ
Boston, MA
THE BASICS
C16 Biosciences uses proprietary cellular fermentation technology to develop palm oil, one of the world’s most popular vegetable oils, found in 50% of common products on supermarket shelves. Palm oil is currently a $60 billion industry as the ingredient is found in a range of products from shampoo to Nutella.
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