HexisLab secures £490k from Innovate UK to develop sustainable ingredients
The biotechnology startup received the grant to scale up manufacturing processes for green cosmetic compounds.
A biotechnology startup based in Newcastle that uses proprietary artificial intelligence to develop sustainable ingredients for the cosmetics and pharmaceutical sectors.
HexisLab has secured £490k in grant funding from Innovate UK to advance its work in sustainable ingredient manufacturing. The Newcastle based biotechnology firm will direct the capital towards scaling up production processes for green compounds intended for the beauty and personal care sectors.
The project builds on a partnership with Teesside University and BiBerChem Research, combining artificial intelligence discovery methods with synthetic biology expertise. The funding will allow the company to accelerate research efforts aimed at reducing the environmental footprint of product development in consumer goods and pharmaceuticals.
From the founder
"This collaboration with Teesside University, led by Associate Professor Dr. M. Safwan Akram an expert in Synthetic biology and BiBerChem Research led by Professor Bernard Golding a Synthetic Organic Chemist brings together our complementary strengths and expertise, and we are excited to see the results of our joint efforts in this important area"
Olusola Idowu
CEO at HexisLab
Use of funds
- 01Fund research and development
- 02Build out infrastructure
