New Wave Biotech

Lean startup principles whitepaper

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R&D

New Whitepaper Explores How Lean Startup Principles Could Accelerate Food Tech Innovation

New Wave Biotech and Nurasa have partnered to publish a new whitepaper exploring how lean startup principles — originally designed for fast-moving software companies — could be used by food tech innovators. Titled The Lean Startup Meets Food Tech: Does It Work?, the report reinterprets the five Lean Startup principles originally written by entrepreneur and author Eric Ries, outlining how they could apply to food tech and biomanufacturing. The resulting principles are: “Helping teams move faster and smarter” The paper draws on insights from investors, founders, corporates, and scientists from across the food tech ecosystem, including Givaudan, Tetra Pak, Nucleus Capital, and CJ CheilJedang. It also consults startups such as Liven, MeliBio, and DeNovo. The resulting guidance illustrates how lean principles could be used to …

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New Wave Biotech

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Investments & Finance

New Wave Biotech Secures €1.2 Million in Latest Funding Round to Expand AI Bioprocess Simulation Platform

New Wave Biotech, a company specializing in AI-driven bioprocess simulation software, has raised €1.2 million in a new funding round. The investment, which includes contributions from Innovate UK and EIT Food, will support the company’s efforts to expand its team and broaden its customer base. The funding is a combination of equity investment and grant funding. New Wave Biotech’s primary product, the Bioprocess Foresight platform, utilizes artificial intelligence to simulate and optimize biomanufacturing processes. This allows companies in the synthetic biology sector to predict key outputs, costs, and environmental impacts before committing to physical experiments. Zoe Law, CEO and co-founder of New Wave Biotech, noted, “Access to healthy and sustainable food should be a universal right, but current food production processes are harmful to the …

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