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Biomimicry Institute Highlights Startups in Circularity, Waste Reduction

The Ray of Hope Prize identifies nature-inspired startups from around the globe and fosters their growth by providing sustainable business training, communications support, and opportunities for non-dilutive funding.

Images are representative of the mycoremediation process. 1. Lab Cultivated fungi applied to shredded waste materials. 2. Waste is myceliated on-site at manufacturers, recyclers, and waste management companies. 3.Biomaterial can be rendered for commercial and or industrial use into new products.
Images are representative of the mycoremediation process. 1. Lab Cultivated fungi applied to shredded waste materials. 2. Waste is myceliated on-site at manufacturers, recyclers, and waste management companies. 3.Biomaterial can be rendered for commercial and or industrial use into new products.
Mycocycle

Offering a top prize of $100,000 in equity-free funding, the annual Ray of Hope Prize® from the Biomimicry Institute is designed to help startups across a variety of industries working to solve problems with nature-inspired solutions.

Here’s a look at the startups in materials, supply chain, and waste reduction: 

Mycocycle (U.S.): Per the Ray of Hope Release,Mycocycle works with nature’s master decomposers, fungi, to break down complex waste streams such as construction materials and asphalt. Using a systems-level biomimicry approach, Mycocycle’s process enables a circular industrial supply chain, becoming ever more important as landfills reach capacity.” 

Fungi are optimized in a lab to decompose specific waste streams, which are then remediated on site in collaboration with manufacturers, recyclers, and waste management companies. The resulting by-product can then be used to create new products including insulation, packaging, and others where plastics have previously been utilized. “It is lightweight, has insulative properties, and offers water and fire resistance,” according to the company.

Fusion Bionic GmbH (Germany): “Fusion Bionic creates laser-generated surface textures inspired by textures found in nature, opening up new possibilities for functionalized surfaces. Their Direct Laser Interference Patterning (DLIP) can create micro- and nano-scale surface textures on which, for example, ice does not stick, (anti-icing for e.g. aviation), glass surfaces of smartphones do not reflect (anti-reflective), and implants are better accepted by the body (biocompatible, antibacterial).”

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