Suzano Ventures invests up to US$5 million into Bioform Technologies to further develop bio-based plastic alternatives

Suzano Ventures, the corporate venture capital arm of Suzano, the world’s largest market pulp producer, is funding up to US$5 million for Canadian startup, Bioform Technologies Bioform’s innovative materials, developed at the University of British Co

By: financialpost.com

Apr 24 2024
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SÃO PAULO -- Suzano Ventures, the corporate venture capital arm of Suzano, the world’s largest market pulp producer, has made a strategic investment into the Canadian materials science startup, Bioform Technologies. The investment provides up to US$5 million towards the company’s seed round, enabling it to accelerate the development of its novel bio-based plastic alternatives. The products can be manufactured through modified industrial processes already used in the pulp and paper sector. Read More