BioSyntha Technology Ltd and ZuvaChem LLC have merged to create ZuvaSyntha Ltd, focusing on the production of industrial chemicals from renewable feedstocks, with strong investor backing to accelerate commercialization and innovation.
Information on the Target
BioSyntha Technology Ltd, previously part of Novacta Biosystems Ltd, was founded in 2012 and has emerged as a prominent developer in the field of industrial biotechnology. The company specializes in creating efficient and cost-effective processes for producing essential chemical products using genetically engineered acetogenic bacteria. This innovative approach positions BioSyntha at the forefront of sustainable chemical manufacturing.
ZuvaChem LLC, established in 2008 as a subsidiary of Acidophil LLC, focuses on the microbial production of industrial chemicals, notably targeting the renewable rubber tire industry. The firm has made significant advancements through various research contracts and sponsorships, setting the stage for its expertise to enhance the combined entity following the merger with BioSyntha.
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Industry Overview in the Target’s Specific Country
The industrial biotechnology sector in the UK is rapidly evolving, driven by a growing demand for sustainable manufacturing solutions and a transition towards greener practices. The UK gover
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BioSyntha Technology Ltd
invested in
ZuvaChem LLC
in 2015
in a Corporate VC deal