Gas fermentation firm Arkeon files for insolvency

Bankruptcy

Arkeon, an Austrian biotech company developing sustainable protein via gas fermentation, has formally filed for insolvency. The announcement was shared by co-founder and CEO Gregor Tegl on his LinkedIn page, marking the end of the start-up’s efforts to commercialise its alternative protein technology. In a public statement, Tegl expressed gratitude to the team, investors, partners…