ECBF Management GmbH yesterday announced a second closing of the European Circular Bioeconomy Fund (ECBF). Reaching €175 million, ECBF has more than doubled its fund-size within two months after starting its operations. ECBF is the first venture fund exclusively focussed on the bioeconomy and circular bioeconomy in Europe. With a targeted fund-size of €250 million, it will be an important financial instrument contributing to the European Green Deal making Europe climate neutral by 2050.
Nestlé joined forces with Burcon and Merit, two key players in the development and production of high-quality plant proteins. This partnership will enable Nestlé to further accelerate the development of nutritious and great-tasting plant-based meat and dairy alternatives with a favorable environmental footprint.
Nestlé, the Swiss multinational food and beverage company, headquartered in Vevey, has announced that it will work in partnership with the World Wildlife Fund (WWF) and seven consumer firms to encourage the responsible development of bioplastics, derived from plant materials. Along with Nestlé, the Bioplastics Feedstock Alliance (BFA) will include key fast-moving consumer goods firms: The Coca-Cola Company, Danone, Ford, H.J. Heinz Company, Nike, P&G, and Unilever.