New York, New York

Locus Fermentation Solutions Tackles 'Forever Chemicals': Plans for Expansion and Partnerships in Progress

2023-08-16

video by @NYSEofficial

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Locus Fermentation Solutions, a global biotech company, is working on addressing the persistent problem of 'forever chemicals' using non-GMO microorganisms. These microorganisms are applicable in various sectors like chemicals, mining, and agriculture, potentially increasing revenue and helping to achieve decarbonization targets.

With a focus on the responsible use of water, Locus Fermentation provides a unique solution to combat the contamination caused by 'forever chemicals'. Their water conservation strategy is interdisciplinary, designed to mitigate the negative impacts of these enduring chemicals. After securing $140M in investments, the company is considering raising another $150M in equity, indicating plans for expansion. Their partnership with Veolia, aimed at wastewater treatment, underscores their dedication to sustainable practices and environmental conservation.

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