Press Room

A “first mover” like Renewcell faces the unfortunate difficulty of balancing production against sales, said Tiffany Hua, a research analyst at Lux Research, the Boston-based advisory focused on the intersection of sustainability and innovation.

Research analyst Tiffany Hua of Boston’s Lux Research said the trio was wise to target bananas, which account for 16 percent for global fruit production. “Other Hult Prize contestants targeted waste-based opportunities, but Banofi has a clear advantage as banana crop waste is accessible and the conversion is straightforward,” she told Sourcing Journal.

For Tiffany Hua, research analyst for Boston-based materials innovation research and advisory firm Lux Research, seeing the collaborators “partner up and pool resources really showcases the progress and maturity that both have achieved” after operating in same innovation sphere for several years.

Associate Research Director Dr. Harini Venkataraman will provide a deep dive on phytonutrients at NutraIngredients’ Active Nutrition Summit, taking place in Amsterdam this October (9-11).

Most reviews have been “highly critical of its quality,” said Chris Robinson, a senior director at Lux Research covering automotive and energy transition. “It’s hard to see this organization justifying a proposed $23 billion valuation.”

Deepesh Bista, an agricultural technology analyst with Lux Research, says there’s a lot to learn about the basic science behind these technologies, but he’s optimistic they’ll reduce farming’s dependence on synthetic fertilizer. He’s less convinced that farmers will be able to replace synthetic fertilizer completely, as some firms, such as Pivot Bio, say is possible.

According to Tiffany Hua, an analyst specializing in material innovation with Boston research and advisory firm Lux Research Inc., Inversa and anyone else in the lionfish leather business may face the challenge of making the leather scalable and cost-effective.

Authorities in China are increasingly pinning hopes on new-energy products – electric vehicles (EVs), lithium-ion batteries and solar batteries – becoming critical cogs in the engine of its export sector.

“Chemical companies cannot follow the same path as they have been doing for the past 70 or 100 years: research, find a chemical, sell it, and keep selling it,” says Tim Appachanda, an agricultural analyst with Lux Research.