Arkeon CEO delivers postmortem on ‘protein from air’ startup: ‘We just simply ran out of time'
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Arkeon CEO delivers postmortem on ‘protein from air’ startup: ‘We just simply ran out of time'
Founded in Vienna in 2021, Arkeon is one of a small, but high-profile group of startups attempting to decouple protein production from agricultural land via gas fermentation, using gases instead of purified sugars to feed microbes. Four years later, it has filed for insolvency. So what went wrong? One industry source familiar with Arkeon’s tech cited the challenging funding environment coupled with “uncertainties surrounding the consistent and a…
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