31: Synonym's mission to create a new green asset class - using bioeconomy to replace 50% of petrochemical products

25/03/2024 49 min

Listen "31: Synonym's mission to create a new green asset class - using bioeconomy to replace 50% of petrochemical products"

Episode Synopsis

In this episode of SustainNOW, we sit down with co-founder Joshua Lachter to explore how Synonym is pioneering the bioeconomy revolution. As a self-proclaimed biological maximalist, Joshua is dedicated to using biotechnology to replace petrochemical products and accelerate the transition to sustainable materials. Synonym’s mission is ambitious: to create a bioeconomy asset class that enables the commercialization of bio-based products, aiming to replace over 50% of petrochemical products with bio-manufactured alternatives.Joshua takes us on a journey through Synonym’s innovative approach to scaling the bioeconomy, from providing financial and developmental services to startups, to connecting companies with bio-manufacturing facilities. We also discuss Synonym’s game-changing tools, Capacitor and Scaler, which are designed to make bio-manufacturing more accessible and affordable for businesses. With support from top investors and a recent collaboration with Boston Consulting Group, Synonym is positioning itself at the forefront of the bioeconomy, working to make nature-based solutions a sustainable, scalable reality.Tune in to hear how Synonym is shaping the future of biotechnology and pushing the world toward more efficient and sustainable production methods.

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