Cemvita secures funding from OLCV to advance low-carbon technology

Cemvita secures funding from OLCV to advance low-carbon technology

Houston-based biotechnology startup Cemvita Factory has entered into an investment agreement with Occidental subsidiary Oxy Low Carbon Ventures (OLCV) to advance the development of innovative low-carbon technology. The investment will help Cemvita Factory develop new bio-engineered pathways that use CO2 as feedstock for sustainable intermediate chemicals and polymers production. Richard Jackson – president of OLCV […]