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Ecovia Renewables Announces Major Partnership; Raises $1 Million in Seed Financing

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ANN ARBOR, MICHIGAN, April 6th, 2018— Ecovia Renewables Inc. announced today that the company has signed a multi-year joint-development agreement with Seppic Inc, a member of the Seppic Group, a leading designer and manufacturer of specialty ingredients. Under the agreement, the two parties will co-develop a suite of high-performing, biobased and biodegradable polymers for topical applications in the health and beauty markets. Similarly, Seppic will have exclusive marketing rights to products made using Ecovia’s technology, a proprietary fermentation platform inspired by Ecovia CEO Dr. Jeremy Minty’s work on engineering microbial ecosystems.

Ecovia Renewables Awarded Top Prize at AkzoNobel Imagine Chemistry Challenge

Deventer, Netherlands: Ecovia Renewables, Inc., a renewable chemicals company developing cost-effective biobased chemicals and fuels, were selected as winners at the 2017 Imagine Chemistry Challenge finals for their submission "BioGel™ polyglutamic acid: a sustainable alternative to polyacrylates." The first Imagine Chemistry event, hosted by AkzoNobel and KPMG, invited start-ups and academics to find solutions to some of the top chemistry-related challenges the industry is facing today. One of 20 finalists, Ecovia's EcoSynth™ fermentation-based platform utilizes microbial communities to produce high value, based materials.