Cauldron Appoints Former Solugen, BASF Executive David Weiner as CTO

August 09, 2024 01:00 AM AEST | By Business Wire
 Cauldron Appoints Former Solugen, BASF Executive David Weiner as CTO
Image source: Kalkine Media

Biotech industry veteran brings product development expertise to the role, supporting Cauldron’s mission to unlock the future of biomanufacturing.

ORANGE, Australia--(BUSINESS WIRE)--#bioeconomy--Cauldron Ferm, a next-generation biomanufacturer, has appointed David Weiner as Chief Technology Officer. Weiner will run the technology R&D pipeline for Cauldron’s next phase of global expansion, applying his proven leadership in advancing technology platforms and scaling first-of-a-kind biomanufacturing processes.

Weiner’s appointment comes at a vital moment for Cauldron and the broader sector. The high costs of traditional biomanufacturing methods make it impossible for synthetic biology companies to compete commercially with mainstream petrochemical or animal-derived products. Lowering production costs to deliver bio-products at – or below – cost parity to their conventional counterparts is key to realizing the industry’s full potential.

Founded in 2022, Cauldron deploys its proprietary “hyper-fermentation” technology to unlock a scalable continuous bioprocess that significantly reduces the cost of manufacturing for mainstream, high volume bio-manufactured goods. By generating more volume at less cost, using smaller bioreactors, Cauldron solves the industry’s main challenges of scale and cost. The company provides this specialized manufacturing platform as a service to synthetic biology product companies. Cauldron has proven the efficacy of the technology at 10,000-liter demo scale and has plans in place to scale up to larger industrial-scale production.

“David brings a distinguished career leading R&D programs that deliver on process optimization to scale novel bioprocesses,” said Michele Stansfield, Co-Founder and CEO of Cauldron. “As Cauldron expands on key technical breakthroughs with our hyper-fermentation platform technology, David brings valuable perspectives to our leadership team.”

Over the course of his 25+ years in biotechnology research and development, Weiner has led teams to scale pioneering solutions across Industrial Biotech, Ag-Biotech, Food and Nutrition, Biofuels and Pharma. Prior to joining Cauldron, he served as VP and Head of R&D at Solugen, where he helped develop the company’s chemienzymatic technology platform, underpinning the first-of-a-kind biomanufacturing plant—the Bioforge™. Previously, he served as Global VP, Technology & Product Development at BASF; VP, R&D Strategy, Innovation & Partnerships at Verenium Corporation; and Associate Director, R&D at Diversa Corporation.

“I’m excited by the opportunity to expand hyper-fermentation as a platform to scale continuous processes for the global biotech industry,” said Weiner. “Throughout my career, I’ve seen how applying cutting-edge science to industrial solutions can drive meaningful impact at scale. Cauldron’s ability to deliver mainstream bio-products at cost parity with traditional goods offers incredible potential for the bioeconomy. We can redefine the scope of biomanufacturing.”

Over the past year, Cauldron has achieved significant momentum, including onboarding six clients at their 25,000-liter demo facility and closing a Series A round of over $6.25 million. Industry-leading investors SOSV and In-Q-Tel joined existing investors Main Sequence and Horizons Ventures in supporting Cauldron’s expansion. This growth stems from pivotal technical advancements, building on the robust foundation of continuous fermentation R&D and hyper-fermentation IP acquired through the 2022 acquisition of Agritechnology.

Developed over more than three decades of R&D, Agritechnology had proven the efficiency of a proprietary hyper-fermentation platform technology to establish a scalable, repeatable continuous process at 10,000-liter scale. Post-acquisition, Cauldron has rapidly advanced the technology – validating hyper-fermentation’s compatibility with multiple organisms and proving the technology’s advantages with multiple precision fermentation client success cases. Client data shows significant gains in productivity compared to fed-batch fermentation and techno-economic analyses have shown Cauldron’s ability to drive down cost of goods to enable clients to commercialize at price parity with petrochemical and animal-derived products. Cauldron offers a scalable solution to some of the most pressing challenges across various industries.

About Cauldron Ferm
Founded in 2022, Cauldron is a global biomanufacturer on a mission to realize the full potential of precision fermentation by unlocking price parity for mainstream bio-manufactured goods. By solving historical continuous fermentation challenges to establish a scalable, repeatable continuous process, Cauldron aims to solve the gap in commercially viable biomanufacturing capacity. Developed over more than three decades of R&D, Cauldron’s proprietary hyper-fermentation technology drives significant gains in productivity, generating more volume at less cost, using smaller bioreactors. Visit www.cauldronferm.com to learn more.
Contacts

Eva Borge
[email protected]


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.