{"id":2721,"date":"2014-08-14T15:03:39","date_gmt":"2014-08-14T07:03:39","guid":{"rendered":"http:\/\/www.leadingtec.cn\/?p=2721"},"modified":"2014-08-14T15:06:38","modified_gmt":"2014-08-14T07:06:38","slug":"evonik-invests-algal-scientific","status":"publish","type":"post","link":"https:\/\/www.leadingtec.cn\/evonik-invests-algal-scientific.html","title":{"rendered":"Evonik invests in biotechnology company Algal Scientific"},"content":{"rendered":"<p><a href=\"https:\/\/www.leadingtec.cn\/wp-content\/uploads\/2014\/08\/logo-algal-scientific.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"attachment-medium alignright\" src=\"https:\/\/www.leadingtec.cn\/wp-content\/uploads\/2014\/08\/logo-algal-scientific-300x114.jpg\" alt=\"logo-algal-scientific\" width=\"300\" height=\"114\" \/><\/a><\/p>\n<p><em>April 30, 2014<\/em><br \/>\nAlgaeIndustryMagazine.com<\/p>\n<p>Evonik Industries is investing in the technology startup Algal Scientific Corporation of Northville, Michigan, USA. Evonik is part of an investors\u2019 consortium that is investing more than $3 million in the Series A financing round.<\/p>\n<p>Under the trade name Algamune\u2122 Algal markets 1,3-\u03b2-glucan, a polysaccharide that strengthens immune response. It is used as an additive in animal feeds and as a nutritional supplement as well as in pharmaceutical formulations.<\/p>\n<p>This is the first time it has been possible to obtain \u03b2-glucan from algae on an industrial scale. Algal has developed a new technology for this purpose and is currently in the process of starting up the first commercial production plant in Michigan.<\/p>\n<p>\u03b2-glucan is usually extracted from grain or produced using yeasts or fungi. Algal\u2019s new biotechnological process needs fewer production steps and at the same time generates significantly higher yields. In addition to the innovative production technology, the use of \u03b2-glucan in a wide variety of animal feed applications is of particular interest to Evonik.<\/p>\n<p><a href=\"https:\/\/www.leadingtec.cn\/wp-content\/uploads\/2014\/08\/Evonik_Industries_Logo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"attachment-medium alignleft\" src=\"https:\/\/www.leadingtec.cn\/wp-content\/uploads\/2014\/08\/Evonik_Industries_Logo.jpg\" alt=\"Evonik_Industries_Logo\" width=\"300\" height=\"83\" \/><\/a>The immune stimulating effect of \u03b2-glucan results in healthier animals and efficient growth, thus contributing to resource-efficient nutrition of the global population. \u03b2-glucan is suitable for nutrition of pigs, poultry, and ruminants as well as for aquaculture.<\/p>\n<p>\u201cAlgal contributes toward sustainable animal nutrition,\u201d says Dr. Bernhard Mohr, head of Evonik Venture Capital. \u201cIn view of the growing global population and the subsequent increasing demand for animal protein, this is an interesting market with attractive growth potential.\u201d<\/p>\n<p>\u201cWe are very pleased that Evonik is joining us as a strategic partner,\u201d says Geoff Horst, CEO of Algal. \u201cWe have been able to attract a strong group of investors; this allows us to advance commercial production and our business.\u201d<\/p>\n<p>Also part of the consortium, in addition to specialty chemicals group Evonik, are the U.S. venture capital firms Formation 8 (California), Independence Equity (Illinois), and Envy Capital (Michigan), as well as regional funds and business development companies promoting the establishment and development of attractive companies in Michigan.<\/p>\n<p>Within its venture capital activities Evonik plans to invest a total of \u20ac100 million in highly promising start-ups with break-through technologies and leading specialist venture capital funds. These investments will focus on Europe, the U.S. and Asia. Partnering with innovative start-up companies supplements Evonik\u2019s approach of open innovation and creates excellent opportunities for accelerating the development of new businesses and opening up future growth fields.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u8d62\u521b\u5de5\u4e1a\u96c6\u56e2\u6536\u8d2d\u5fae\u85fb\u80fd\u6e90\u4f01\u4e1a\uff0c\u8fdb\u519b\u85fb\u7c7b\u80fd\u6e90\u7814\u7a76<\/p>\n","protected":false},"author":2,"featured_media":2722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[348,142],"class_list":["post-2721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-evonik","tag-142"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.leadingtec.cn\/wp-json\/wp\/v2\/posts\/2721"}],"collection":[{"href":"https:\/\/www.leadingtec.cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.leadingtec.cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.leadingtec.cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.leadingtec.cn\/wp-json\/wp\/v2\/comments?post=2721"}],"version-history":[{"count":0,"href":"https:\/\/www.leadingtec.cn\/wp-json\/wp\/v2\/posts\/2721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.leadingtec.cn\/wp-json\/wp\/v2\/media\/2722"}],"wp:attachment":[{"href":"https:\/\/www.leadingtec.cn\/wp-json\/wp\/v2\/media?parent=2721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.leadingtec.cn\/wp-json\/wp\/v2\/categories?post=2721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.leadingtec.cn\/wp-json\/wp\/v2\/tags?post=2721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}