University of Manchester startup secures £100,000 for metal recycling technology
What happened
LanthaGen Bio Ltd, a startup from the University of Manchester, won the inaugural Coller AI Competition. The company secured a £100,000 equity investment, which it will use to advance research into recycling a new metal. LanthaGen Bio uses a combination of artificial intelligence, computational chemistry, and physics-based modelling to accelerate the recovery of critical metals from existing waste streams.
From miragenews.com
Why it matters
Rare earth elements and other critical metals are essential components for technologies including electric vehicles and clean-energy infrastructure. LanthaGen Bio aims to address the challenge of sustainably recovering these materials by designing custom metal-binding proteins. This approach reduces reliance on conventional extraction and separation processes.
From miragenews.com
Who's involved
- University of ManchesterThe public research university from which the startup LanthaGen Bio originated.
- Jeremy CollerProvided the equity investment through the Coller AI Competition.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Greater ManchesterSpeculative
Greater Manchester might see an increase in skilled employment and extended PhD contracts due to the startup's growth.
- Jeremy CollerSpeculative
Jeremy Coller might see an increase in reputation from providing the equity investment.
Keep exploring
The entities involved
-
University of Manchester
public research university in Manchester, England, United Kingdom
-
Greater Manchester
metropolitan county in North West England