Suzano Ventures has announced a $5M investment in Bioform Technologies to accelerate the development of sustainable, biobased PlasticAlternatives. Congratulations to Dr. Jordan MacKenzie and Dr. Mark Martinez, who supported its incubation at UBC through HATCH Venture Builder—a joint effort by entrepreneurship@UBC and ICICS.
Bioform’s innovative technology utilizes wood pulp-reinforced hydrogels to produce high-performance materials that can replace single-use plastics in various applications, including packaging and agriculture, while reducing carbon footprints by up to 80%. We're thrilled about the next phase as they advance to pilot their manufacturing process. Way to go!
Press Releases:
👉Financial Post: ow.ly/XFG050RntVt
👉Business Wire : ow.ly/4kC350RntVx
👉Tech Funding News: ow.ly/PKoo50RntVy