Newlight Closes $125M for Turning Carbon into Fashion Bags and More

Newlight Closes $125M for Turning Carbon into Fashion Bags and More

California-based Newlight, which brings a new biological pathway to making plastics, closed a $125 million equity round led by GenZero.

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Newlight aims to help mitigate climate change by turning greenhouse gas into a resource. By mimicking nature’s way, Newlight uses microbes to turn captured carbon, air, and methane into degradable, high-performance biomaterials called AirCarbon®. [Lire plus]

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