Enzyme-based biocatalysts are increasingly used in various industrial applications. While improvement in quality attributes could be observed by utilising these biocatalysts, natural enzymes are often susceptible to low catalytic efficiency due to various externalities such as temperature and PH.
Changes in consumer behaviour and surge in demand is driving biomanufacturing technology. Despite recent breakthroughs in enzyme engineering, the conquest to identify the right enzyme could still be a stumbling block for many firms. Screening millions of enzyme variants to discover the right enzyme would require years of R&D development and this could potentially set the company back by a few million dollars.
A startup has developed an enzyme engineering platform to identify and engineer novel enzymes to counteract these issues via an environmentally friendly process.
With proprietary microfluidics technology, the enzyme engineering platform can build and test millions of enzymes ten times faster than existing technologies while boosting the chance of success in developing the most effective enzymes by more than 200x. The startup supports the development process ranging from the screening of enzymes variants to complete service of engineering and scaling of desired enzymes to accelerate enzyme evolution for a wide range of applications.
The platform can be used to
The platform caters to various uses in different industries such as food, flavors & fragrance and Beauty & Cosmetics.
Furthermore, there is no waste generated in the development process making this an eco-friendly alternative to robotic-microplate technology which produces biohazard waste.
The technology consists of intelligent hardware and software algorithm that enable fast and sustainable development of ingredients for a wide range of industries including food, pharmaceutical and cosmetics as compared to existing robotics technology out in the market.
Enzyme engineering as a service: 1m (Avg cost in market), 4000 total opportunity cost= 4B
Licensing enzyme: 3000s enzyme for licensing, Avg enzyme cost = 10m, total opportunity cost = 30B
Direct sale of natural identical product by enzymatic reactions (Nutraceuticals, Sweeteners, Flavor, Plant based Product, Cosmetics Ingredient) = Total opportunity cost = More than $200B