Arkeon, a Company Turning Carbon Dioxide Into Protein, Files for Insolvency – vegconomist

Arkeon, an Austrian startup using fermentation to turn carbon dioxide into high-quality amino acids, has formally filed for insolvency. Co-founder and CEO Gregor Tegl made the announcement on LinkedIn, but did not reveal why the startup had run into difficulties. He thanked Arkeon’s team members, advisors, investors, partners, and supporters for their dedication to the…

Warburg Pincus-Backed Solar Mosaic Plans Bankruptcy Filing

(Bloomberg) — Solar Mosaic LLC, a provider of home solar loans that has private equity firm Warburg Pincus as a major backer, is planning to file for bankruptcy in the face of market uncertainty over federal support of clean energy, according to people familiar with the matter.  The Oakland, California-based company recently stopped issuing loans…