EnviroTech :: Biotech
French green chemistry start-up receives €6 million in funding
2:46 AM MST | November 13, 2013 | Francinia Protti-Alvarez
Industrial biotech Deinove's (Montpellier, France) plant chemistry development program has been awarded nearly €6 million ($8.1 million) in funding by France's environment and energy management agency (Paris) and the General Investment Commission (Paris). Deinove develops and markets a new generation of industrial processes based on Deinococci bacteria. The Deinochem program aims to produce [renewable] chemical compounds that can be substituted for petrochemicals. “This is one of the highest levels of financial backing...
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