Anheuser-Busch InBev partners to Comet Bio to help meet 2025 sustainability goals
Comet Bio has been chosen by Anheuser-Busch InBev to join its 100+ Sustainability Accelerator to pilot technology on brewer’s grain. Comet Bio is one of 17 companies chosen for the program’s 2020 cohort.
Comet Bio (Schaumburg, IL) has been chosen by Anheuser-Busch InBev (AB InBEv) to join its 100+ Sustainability Accelerator to pilot technology on brewer’s grain. Comet Bio is one of 17 companies chosen for the program’s 2020 cohort that will receive mentorship, industry connections, training, and up to $100,000 for pilot execution, as well as the possibility of additional investment from AB InBev and its partners.
The Accelerator builds off of AB InBev’s 2025 sustainability goals to meet six challenges around smart agriculture, water stewardship, circular economy and climate action. The companies will have six months to pilot and scale their technology solutions.
Comet Bio’s contribution is a novel process that extracts nutrition from food system waste. For example, using this process Comet Bio produces ingredients, such as the branded Arrabina prebiotic dietary fiber, from upcycled crop leftovers. According to the firm, this technology integrates seamlessly with traditional food production systems.
“We are excited to partner with AB InBev to pilot their saved grains in our process. AB InBev’s Waste to Wellbeing Challenge aligns perfectly with Comet’s core capability of extracting nutrition from food system waste,” said Richard Troyer, CEO of Comet Bio, in a press release.
Judge denies CRN’s motion for preliminary injunction but its lawsuit against NY state will proceed
April 23rd 2024The judge in CRN's lawsuit against NY state's law banning the sale of weight management and muscle building supplements to minors has denied its motion for a preliminary injunction, but determined that CRN has standing to sue on behalf of its members.
Arla Foods to acquired whey nutrition business from Volac International
April 22nd 2024Arla Foods Ingredients has reached an agreement to acquire Volac’s Whey Nutrition business through a purchase of shares in Volac Whey Nutrition Holdings Limited and its subsidiary, Volac Whey Nutrition Limited and Volac Renewable Energy Limited.
