OzoneBio (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
June 10, 2024
Funding URL
View Funding Page

Company Info
Company Description
OzoneBio a green tech company that upcycles toxic wastes into new products stream using the “Zombie cells” approach and enzyme-cell based cheap hydrogenation technique. One of our products is bioadipic acid (precursor of Nylon 6,6). In the 21st century, consumers are increasingly demanding products that reflect their more sustainable values and lifestyles. Every year, the world makes eight million tons of oil based nylon-6,6, which results in approximately 60 million tons of greenhouse gas emissions. Production of nylon creates nitrous oxide, a greenhouse gas that is 300 times more potent than carbon dioxide. Our goal is to replace the global oil-based Nylon 6,6 market ($28 billion). Recently OzoneBio was included in SOSV Climate 100 list https://sosv.com/SOSV-climate-tech-100-list https://techcrunch.com/2021/04/22/sosvs-burgeoning-climate-portfolio-is-worth-nearly-6-billion-as-planetary-health-bets-pay-off/ Currently, we are part of IndieBio cohort 11(US accelerator San-Francisco based) https://indiebio.co/indiebio-batches-sf11-ny02/

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