C16 Biosciences

the New York pioneer whose Palmless platform makes yeast-fermented oils and fats, backed by Breakthrough Energy Ventures and with an FDA GRAS determination that opens the route to US food-industry integration alongside its cosmetic B2B sales.

Country
United States
FDA GRAS ISO 22000
Coverage
CNEUUS
specialty-fine-chem
Regulatorsfdaefsareach

Verifiable facts

FactValueSource
Funding$34 million total fundinggreenqueen.com.hk
Capacity50,000-liter industrial-scale fermentation tanksapnews.com · c16bio.com · cnbc.com
CertificationUSDA BioPreferred certification for Torula oilgreenqueen.com.hk
Production sitesingle site industrial-scale facilityapnews.com
Headcountapproximately 16 to 34 employees medium confidencegetlatka.com
Revenueestimated between $3.3 million and $15 million annually medium confidencegetlatka.com · prospeo.io

Independent sources: apnews.com · cnbc.com · getlatka.com · greenqueen.com.hk · prospeo.io

Technologies
NameClusterRisk
Biosynthetic palm fatspecialty-fine-chemMedium

Compiled by BIOECON from primary sources.

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