Delft Advanced Biorenewables ( DAB ) has secured € 2 m ( $ 2.2 m ) from Dutch regional development agency partners and venture capital fund FORWARD.one for its bioreactor technology . The process can increase plant productivity , while halving operating costs , making it competitive with fossil processes for use in sectors including flavours and fragrances , speciality chemicals and biofuels . The funding will support commercial growth and development across the US and internationally .
Delft Advanced Biorenewables (DAB) has secured €2m ($2.2m) from Dutch regional development agency InnovationQuarter and venture capital fund FORWARD.one for its bioreactor technology. The process can double fermentation productivity, while halving operating costs, making fermentation competitive with fossil processes for use in sectors including flavours and fragrances, speciality chemicals and biofuels. The funding will support commercial growth and development across the US and Europe.