Synonym

Biomanufacturing has been gaining significant momentum, but what are the keys to unlocking its full potential? Our report with Boston Consulting Group (BCG) highlights three interconnected factors: Scale, Strains, and Demand. Together, they can drive a virtuous cycle that lowers costs, expands adoption, and transforms industries. Scale: Moving from pharma-scale (<100,000 liters) to megascale (2 million liters) can reduce production costs by up to 50% for existing strains. Strains: Optimizing strains for scale, rather than just the lab, is critical to unlocking cost reductions. Demand: Achieving price parity with incumbent technologies opens the door to mass markets, from specialty chemicals to food and beyond. When combined, advancements in scale, strains, and demand could reduce production costs by up to 90%—helping biomanufacturing achieve or surpass cost parity with traditional methods. The market could grow to $200 billion by 2040, provided the necessary infrastructure and innovation are in place. If you're interested in reading the full report, you can download it via this link: https://lnkd.in/eda-jfvc, or get in touch with our team to learn more at contact@synonym.bio. #biomanufacturing #bioeconomy #fermentation #precisionfermentation #biotech #sustainability #materialstransition #foodtech #alternativeprotein #specialtychemicals #synbio #bigideas2025

Still spending time and resources building your own techno-economic analyses (TEAs)? Scaler takes the guesswork out of understanding bioproduct cost for your enterprise. Our dynamic model incorporates the most important variables and lets you easily adjust scenarios. We help you understand what matters most when evaluating bioproducts, so you can get back to innovating with them. Curious? Request a demo and get started today at https://lnkd.in/e33rZcb3 #biomanufacturing #bioeconomy #precisionfermentation #bigideas2025

Governments are working to transition from fossil-carbon to bio-carbon economies — built on renewable biological resources and scientific innovation — to address climate change and resource depletion. But how do we measure progress? A new study, “A Global Patent Dataset of Bioeconomy-Related Inventions” by Dr. Lukas Kriesch and Dr. Sebastian Losacker, published in Nature Magazine, uses AI and available patent data to map the bioeconomy’s technological landscape. By analyzing patents — a key indicator of innovation — the study identifies bioeconomy-related inventions and uncovers emerging technological trends. The result is a rich, visual map showcasing where bioeconomy innovation is thriving, from fermentation equipment to biodegradable materials, animal nutrition, and beyond. This approach provides policymakers, researchers, and industry leaders with a powerful dataset to monitor progress and guide decisions toward a more sustainable future. You can find the full study here: https://lnkd.in/eN64aS28 #biomanufacturing #bioeconomy #fermentation #precisionfermentation #biotech #sustainability #patent #foodtech #alternativeprotein #specialtychemicals #synbio #bigideas2025

Still spending time and resources building your own techno-economic analyses (TEAs)? Scaler TEA takes the guesswork out of understanding bioproduct cost for your enterprise. Our dynamic model incorporates the most important valuables and lets you easily adjust scenarios. We help you understand what matters most when evaluating bioproducts, so you can get back to innovating with them. Curious? Request a demo and get started today at https://lnkd.in/eRB2JB44 #biomanufacturing #bioeconomy #precisionfermentation #2025bigideas

2024 was a big year for the Synonym team. From expanding our team to building strategic partnerships and advancing key infrastructure projects, we’ve made big strides in empowering the global bioeconomy. As we wrap up 2024, we wanted to share some highlights from this impactful year: Our Team: - We nearly doubled our team and welcomed many new team members across all functions - engineering, business development, and digital product. - Though we are a distributed organization, we came together as a team in NYC, Montreal, Tampa to gather for offsites. Partnerships and Projects: - We joined the iFAB Tech Hub, which is making Illinois the epicenter for biomanufacturing and precision fermentation. - With iFAB, we secured a major government grant of $51M from the U.S. Economic Development Administration to upgrade and expand existing facilities to allow for more companies to commercialize precision fermentation technologies and increase production capacity. - We announced a key partnership with Primient and shared that our first joint project will be iPROOF, a state-of-the-art, 32,000L+ fermentation scale-up facility in Illinois (USA) that we expect to be operational in 2026. -The United States Department of Defense awarded our team $1.89M as part of the Distributed Bioindustrial Manufacturing Program (DBIMP). This funding supports our efforts to rehabilitate or build precision fermentation facilities in key regions, bolstering national security and the U.S. bioeconomy. - In partnership with the Boston Consulting Group (BCG), Jean-Francois Bobier and the Deep Tech team, we released a report, which has received thousands of downloads, exploring the $200 billion opportunity for precision fermented ingredients by 2040. Platform: - We developed numerous custom TEAs, enabling companies of all sizes to evaluate bioproduction processes with greater speed and precision than ever before.         - We introduced our CMO matching product, connecting companies with the right contract manufacturing organizations to scale their operations effectively. Advocacy and Engagement: - We participated in key domestic and global events, including DoD Biomanufacturing Day, Climate Group Week NYC, SynBioBeta, Biofabricate and more to advance the industry. - We engaged with policymakers and industry leaders, including many trips to DC and Illinois to meet with key stakeholders for the bioeconomy. As we close out this year, we want to thank our team, partners, and the broader bioeconomy community for your support and collaboration. Here’s to continuing the momentum into 2025. Looking to jumpstart your 2025 biomanufacturing strategy? Get in touch with here and we’ll get to work https://lnkd.in/ev6YPnbu #biomanufacturing #bioeconomy #fermentation #precisionfermentation #biotech #sustainability #materialstransition #foodtech #alternativeprotein #specialtychemicals #synbio #bigideas2025

As 2024 ends, we’re reflecting on the incredible progress in the bioeconomy this year. We asked our team to share the biomanufacturing content that inspired and excited them most. The result? A list of standout reports, books, and podcasts that shaped our thinking in 2024. Swipe through the carousel to explore highlights like: REPORTS: - Breaking the Cost Barrier on Biomanufacturing (Synonym and Boston Consulting Group (BCG): https://lnkd.in/eGXcf-h9 - Building A Vibrant Domestic Biomanufacturing Ecosystem (Biomanufacturing Interagency Working Group): https://lnkd.in/egRzFsUF - State of the Industry Report: Fermentation (The The Good Food Institute): https://lnkd.in/eXpHXWu - Insight Report 2024: Accelerating the Tech-Driven Bioeconomy (World Economic Forum): https://lnkd.in/d9dEnpQf - Strategic Report on Research and Development in Biotechnology for Defense Innovation (The National Academies of Sciences, Engineering, and Medicine): https://lnkd.in/ebaw5QZn BOOKS: - Co-Intelligence: Living and Working with AI (Ethan Mollick): https://lnkd.in/eQfsm9rj - How to Avoid a Climate Disaster (Bill Gates): https://lnkd.in/eAiAJ7n6 PODCASTS: - SynBioBeta (SynBioBeta and John Cumbers): https://lnkd.in/eqiUXpvz - Grow Everything (Messaginglab, Karl Schmieder, MS MFA and Erum Azeez Khan): https://lnkd.in/erFdHUJP - Exponential View (Azeem Azhar): https://lnkd.in/gK4si6ev - Big Biology (Cameron Ghalambor, Marty Martin, and Art Woods): https://lnkd.in/e2WDdxK Any content we missed? Share your favorite biomanufacturing reads, listens, or watches from 2024 in the comments—we’d love to hear them! #biomanufacturing #bioeconomy #syntheticbiology #synbio #fermentation #precisionfermentation #biotech #topreads #toplistens #2024recap #bigideas2025

Which markets should we prioritize to unlock the full potential of precision fermentation? In our latest report with Boston Consulting Group (BCG), we identified a clear path forward: focus on higher-margin, lower-volume molecules first. By 2040, scaling up industrial precision fermentation could represent a $200 billion opportunity across specialty chemicals, food, and chemical precursor markets. Based on unit economics, the specialty chemicals segment offers the most promising near-term opportunities, followed by food and then chemical precursors. Synonym has the expertise to help you dig into the unit economics of your biomanufacturing process and build a strategy for commercial success. Get in touch with our team at contact@synonym.bio learn how we can support your journey. For more details on this $200 billion opportunity, check out the full report with BCG at this link: https://lnkd.in/eGXcf-h9 #biomanufacturing #bioeconomy #fermentation #precisionfermentation #biotech #sustainability #materialstransition #foodtech #alternativeprotein #specialtychemicals #synbio #bigideas2025

Our team was well represented last week at HackSummit's first-ever event right here in NYC! It was amazing to see the vibrant energy of the deep tech community come together in our backyard. We loved connecting with startups, investors, and stakeholders who are shaping the future of technology and sustainability. From thought-provoking conversations (including at the biomanufacturing lunch featuring our CEO Edward Shenderovich) to bold ideas, the event highlighted NYC’s growing role in advancing climate tech. A huge thank you to HackSummit for putting together such a fantastic event, and to everyone we met for the meaningful discussions. We’re energized to continue driving innovation and collaboration across the industry. Curious how our solutions, like Techno-Economic Analysis (TEA) or CMO Matching, can support your biomanufacturing journey? Reach out to us at contact@synonym.bio—we’d love to connect! #biomanufacturing #bioeconomy #fermentation #precisionfermentation #climatetech #hacksummit #deeptech #sustainability #BigIdeas2025

Who else is coming to HackSummit NYC? On Day 1 (Dec. 12), we'll be diving into one of our favorite topics—scaling biomanufacturing—right here in our backyard! Our CEO, Edward Shenderovich, will be speaking alongside Shannon Hall (Pow.Bio), Troels Prahl (Swan Neck Bio™), and Steve Simitzis (Solvable Syndicate) about the challenges and opportunities in scaling biomanufacturing, with actionable insights to accelerate growth in 2025. Looking forward to connecting with you there! #biomanufacturing #bioeconomy #fermentation #precisionfermentation #biotech #sustainability #materialstransition #foodtech #alternativeprotein #specialtychemicals #synbio #BigIdeas2025

QUICK UPDATE: David and Quinton will now be speaking back-to-back this morning at the Advanced Biofuels and Bioproducts Process Development Unit (ABPDU) Next Gen Tech Expo. At 11:00 AM PT – David Hong will share how Synonym leverages expertise and databases to find the perfect CMO. At 11:15 AM PT – Quinton Cone will give the audience a look at our web-based TEA tool driving biomanufacturing innovation. You won't want to miss these sessions and there’s still time to join us—register here: https://lnkd.in/gbra6cHn See you soon! #biomanufacturing #bioeconomy #fermentation #climatetech #deeptech #precisionfermentation #BigIdeas2025