The Ledger
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C16's Palmless Oil Will Enter Food Products Within Two Years
“By the end of this year, we'll be in a handful of other personal care products, so think skin care and body care products, and other brands featuring Palmless as the sort of innovator, and within two years or so, we will be able to be in food products.”
C16 Biosciences Raised $4 Million Within Two Weeks of Y Combinator Demo Day
“We made enough oil, got up on stage for two minutes, held it up, and gave our pitch, and in about two weeks, we were able to raise four million dollars to get the company started.”
C16 Biosciences Ferments and Extracts Bio-Palm Oil in Just Six Days
“Our process today, we can start a, we call it a production run, and in six days we can extract oil.”
C16 Biosciences Relies on Naturally Oleaginous Yeast Rather Than Genetic Modification
“So instead of sort of finding the DNA responsible for producing oil in the oil palm tree and then importing that and genetically inserting it into a yeast, we actually found a yeast which could naturally make the oil that we wanted.”
Palm Oil Is in Half of All Supermarket Shelf Products
“It is in 50% of products on supermarket shelves, and like you said, every person touches it every day, including me, who tries not to, but it's ubiquitous, and it is in everything from soaps and shampoos
To lipstick and laundry detergent, to most of the foods …”