In Canada, BioIntelligence Technologies, who has developed an AI powered solution to eliminate losses in products and to reduce the consumption of water and energy and the emission of CO2 in industrial bioprocesses using fermentation, announced the recent closing of C$5M in funding led by Amplify Capital (Toronto) and joined by Investissement Québec, Real Ventures, Anges Québec and AQC Capital (Montreal), and by Innospark Ventures (Boston).
The BioIntelligence Analytics Solution™ (BAS™) is a turnkey solution developed to measure directly in fermenters and bioreactors the evolution of microorganisms, their consumption of nutrients and their synthesis of products, while performing advanced customized analytics in real-time for plant operators.
Bacteria, yeast, fungi, microalgae, and other microorganisms are utilized in bioprocesses to transform sugars and other nutrients into high-value products such as biofuel, biofertilizers, biopesticides, biocosmeceuticals, and more. Even though these processes are generally more sustainable than traditional chemical processes, they suffer from significant losses in products, and from using significant amount of water and energy.
The BAS™ provides live key information to operators to detect and eliminate process deviations and contaminations. By reducing process deviations and contaminations with the BAS™, industrial biotechnology companies will increase the productivity of their facilities and accordingly, significantly reduce the consumption of water and of energy while reducing the amount of generated CO2. The BAS™ is already commercial with industrial clients in North America and in Europe.
Tags: AI, BioIntelligence Technologies, Canada
Category: Fuels
