What's the biggest threat to rainforests? Palm oil. It's found in everything from shampoo to baby formula. NYC-based startup C16 Biosciences is working to replace this ubiquitous ingredient with a synbio alternative made using precision fermentation.
, a consumer-facing brand platform for products that use palm oil, which is targeted towards innovative beauty, personal, and home care brands. The company is partnering up with both established and young innovating brands looking to clean up their act: “Food is very important to us, but we’ve got a really compelling market in personal care”, explains Shara. “A lot of brands and consumers [in that space] want products that are at the heart of innovation and more sustainable.
The approach C16 Biosciences is taking represents a fundamental shift in how we use land and natural resources: “If we look at the way agriculture works today, our attitude towards natural resources is quite extractive. We want to reimagine our relationship with nature,” said Shara.
C16 is hoping to replace palm oil from products that have not been able to find a good alternative to it: “The customers we are working with don’t have a good alternative to palm oil. Even if those companies have said ‘we are going to stop using palm oil’, they can’t achieve that because there is really no good alternative available today.” But now there is.
Many brands are already lining up to partner up with C16 to create new products that will carry the Palmless™ trademark. The first product featuring C16 palm oil alternative is set to be launched in early 2023 and the company is working hard to scale production to meet the demand: “Our goal is to get to 100 metric tons [annual] production pretty quickly here,” said the CEO.
The near-term plan for C16 Biosciences is to enter the retail market through partners that share their values when it comes to climate change. But the founders are thinking decades ahead: “We’ve got a bigger problem that we need to fix in the next 30 years,” said Shara. As the world’s population is inching towards 10 billion by 2050, the humanity needs to focus on a more pragmatic approach to how we use our resources and creating a truly circular economy.
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