Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Bio3Gen Touts Wastewater Algae-to-Biofuel Technology (Ind. Report)
Bio3Gen,Purdue University
Date: 2019-04-05
In West Lafayette, Indiana, Purdue University affiliate startup Gen3Bio reports it is advancing a unique way to transform algae used to purify municipal wastewater into specialty bio-based chemicals such as biofuels or bioplastics. The company's "patented enzyme technology breaks open the algae and takes out the sugars, fats and proteins, and converts those into specialty chemicals. It's a way to keep the carbon cycle going by renewing the use of the algae into useful and safe products," according to Bio3Gen founder and CEO Kelvin Okamoto.

Gen3Bio has been accepted into two accelerator programs focused on advancing new environmentally friendly technologies -- the BREW in Milwaukee and Carbontech Labs in San Francisco.

The BREW accelerator, sponsored by The Water Council, focuses on fresh water, wastewater treatment and water treatment technologies.The BREW accelerator offers selected companies $50,000 in funds, connections to office and research space, and access to mentors. At the end of the program in June, Gen3bio, along with the other participants, will pitch their technologies to a panel of investors.

Gen3Bio received assistance from the Purdue Foundry, a startup accelerator that works with any Indiana-based company. The technology is patented and exclusively licensed from the University of Toledo. (Source: Gen3Bio, Purdue News Service, 4 April, 2019) Contact: Gen3Bio, Kelvin Okamoto, kokamoto@gen3bio.com; Purdue Research Foundation, Tom Coyne, (765) 588-1044, tjcoyne@prf.org, www.prf.org

More Low-Carbon Energy News Bio3Gen,  Algae,  Biofuel,  Biochemical,  Purdue University ,  

Showing 1 to 1 of 1.