Newlight Tech
Newlight develops high-performance biomaterials that capture and convert greenhouse gases into everyday products.
Description
Newlight Technologies is a biotechnology company that captures greenhouse gases and transforms them into valuable products, specifically in foodware. Their technology uses microbes to convert methane and air into a bioplastic called AirCarbon. This plastic boasts similar performance to traditional plastics but has a net positive environmental impact. Newlight uses AirCarbon to create various consumer products, helping businesses reduce their carbon footprint with a sustainable alternative to traditional petrochemical-based materials.
What Makes it Regenerative?
- supports material design
- enables biophilic design
- enables circularity
- facilitates coordination & consensus
- supports ecosystem remediation
- enables measuring & monitoring
Business Model
Newlight's business is a combination of product sales of AirCarbon to manufacturers, licensing the technology to other companies and partnerships related to both.
Risks & Limitations
- Scalability of large-scale production of aircarbon might pose challenges
- Market acceptance of bioplastics may face resistance
- Competition in the bioplastics space is becoming increasingly competitive
- Long-term durability lacks extensive data.
Tags
Website
Location
Huntington Beach, CA
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