Viridi announced the appointment as the company moves its CO2-derived surfactant technology from pilot research toward commercial manufacturing partnerships.
Material science startups face unique challenges in scaling innovations for coatings, requiring significant investment, strategic partnerships and extended development timelines.
The investment in BioBTX is part of Covestro's venture capital program, in which the company invests in young start-ups and scale-ups with innovative products, solutions or business models, and thus promotes entrepreneurial activities in and alongside its core business.
INX International Ink Co. is establishing INX Venture Capital to make minority investments in technology and materials science startups with strategic relevance to the printing inks and coatings value chain.
