Following a $20 million Series A funding round, Germany-based Insempra aims to produce lipids in an eco-friendly manner.

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As a result they are heavily used in the production of beauty products, as well as in fashion, and food industries.

Founder Jens Klein was formerly CEO of AMSilk GmbH, an industrial supplier of vegan silk polymers.

Also participating was BlueYard Capital, Possible Ventures, Taavet Sten and Acequia Capital.

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Article Details

Author / Journalist: Mike Butcher

Category: Technology

Markets: United StatesGermany

Topics: Climate Climate Insempra Yeast

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-07 @ 22:43:06 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 384 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 20910598

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