Arzeda continues to climb the annual rankings of world’s most widely read biofuels and biobased chemicals daily journal
SEATTLE and SAN FRANCISCO – (November 14, 2018) –Arzeda, the Protein Design Company™, has been recognized for the third time as among the top companies in the advanced bioeconomy in the annual rankings by Biofuels Digest, the world’s most widely-read bioeconomy daily. Arzeda was ranked Number 5 in this year’s 40 Hottest Technologies in the Advanced Bioeconomy list, one step above its number 6 ranking in 2017. Arzeda ranked number 27 on the list in 2016.
“It’s exciting to be recognized among the growing number of companies that are harnessing the power of the bioeconomy to revolutionize how we make food, medicine, chemicals, materials and more,” said Alexandre Zanghellini, Chief Executive Officer of Arzeda. “In 2018 we saw interest in protein design technology grow dramatically. We partnered with Fortune 500 companies like BP to use our technology for renewable chemical production, and we joined forces with other leading biotech companies to reduce the time and costs needed to use advanced protein design in commercial applications. Before too long, protein design will touch nearly every corner of the global economy.”
Arzeda’s higher ranking in the Hot 40 comes as the company’s technology attracts attention from the private and public sectors, as well as the broader scientific community. Last month the company announced a partnership with BP, one of the world’s largest oil and gas companies, to use Arzeda’s protein design software and testing capabilities to develop novel enzymes and proprietary pathways for renewable chemical production. The company also announced a partnership with synbio peers Twist Bioscience Corporation, TeselaGen Biotechnology Inc. and Labcyte Inc. to build a state-of-the-art DNA assembly platform that will reduce the time and cost required to build genes encoding Arzeda’s designed proteins.
Arzeda’s tools are also developing cutting-edge processes for manufacturing advanced materials. In September, the Department of Energy awarded Arzeda $2 million to develop a cost-competitive bioproduct with multiple industrial applications, including as a biofungicide and monomer to manufacture high-performance acrylic materials.
The Hot 40 ranking is not the only recognition Arzeda has received in 2018. In January, the company was named to the prestigious 2018 Global Cleantech 100, produced by CTG (Cleantech Group), a comprehensive list of private companies that are best positioned to solve tomorrow’s clean technology challenges. And in April, Arzeda was a finalist for the Innovation of the Year award presented by GeekWire.
The Hot 40 rankings, which recognize innovation and achievement in technology development, are based on votes from an invited panel of distinguished international selectors and from subscribers of The Digest. Nominations were made by Digest subscribers, and the ballot took place over the past 2 months.
Arzeda, The Protein Design Company™, is harnessing the power of computational protein design and synthetic biology to create products that can compete on performance, cost and sustainability. In partnership with Fortune 500 companies and industrial leaders, the company has developed a portfolio of proteins and specialty chemicals for polymers, advanced materials and health and nutrition products. Arzeda's proprietary platform and validation process rapidly create "cell factories" that can be used at an industrial scale to solve problems and create opportunities that otherwise would be impossible. More information is available at http://www.arzeda.com.
About Biofuels Digest
The Miami, FL-based Digest serves more than 2.3 million unique readers and followers via the web, newsletters, social media and broadcast in every UN-recognized country. Overall, more than 100,000 individual company ratings were received from panelists and voters in the annual Hot 40 and Hot 50 rankings. More information is available online at http://www.biofuelsdigest.com/bdigest/.
Nate Kommers, Scoville PR for Arzeda