The Queensland government has backed regional NSW biotech startup Cauldron Ferm to build a biomanufacturing facility in the state’s tropical north. The Sunshine State support under the $415 million Industry Partnership Program (IPP) follows a recent $4.3 million federal government grant. The size of the investment, ahead of Queenslanders going to the polls on October… Read more »
Cauldron, the path-finding fermentation biomanufacturer from regional NSW, has appointed David Weiner as Chief Technology Officer as the startup looks to ramp up production globally. Weiner will run the technology R&D pipeline for Cauldron at it looks towards international expansion. He was previously VP and head of R&D at Solugen, where he helped develop the… Read more »
Regional NSW startup Cauldron has raised in $9.5 million (US$6.25m) in Series A for its fermentation technology, which hopes to transform how new foods and fibres are developed. The round was led by existing US investor Horizons Ventures, supported by CSIRO-backed Main Sequence, which also backed last year’s Seed round, as well as new supporters… Read more »
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