Reflecting on 2023 — it's been a rollercoaster ride, and we're walking away with some major wins!
We started with a vision to build a global Bio- Materials company, guided by three core values Integrity, Sustainability and Impact. We believe the Bio industry has been working in silos for far too long and true disruption will come through a global collaborative model.
From innovative projects that made a positive impact to partnerships that expanded our reach, the year unfolded as a storyboard of achievements, marking our progress and guiding us towards new opportunities.
Our Journey Begins
Since our launch on December 7, 2022, we have established the needed infrastructure to develop and produce biomaterials through fermentation — replacing materials derived from animals, plants, and harsh petrochemical processes. Our focus is on practical action through strategic collaborations, utilizing our expertise in expression platforms, product development, manufacturing, and commercialization for a greener, cleaner future.
Driving Our Collaborative Business Model
Our strategic alliance with Dyadic, harnessing their Dapibus™ platform, has paved the way for sustainable and economically viable alternative biomaterials.
Establishment of Our 1st Cross-border Manufacturing Joint Venture, BBFB, Thailand
Fermbox Bio has joined forces with BBGI to form BBFB, a new joint venture. Together, Fermbox Bio Pvt Ltd and BBGI Public Company Ltd will establish biomanudacturing facilities in Thailand focused on Synbio products.
We didn’t just enter a JV; we already broke ground to build a first-of-its-kind large scale Biomanufacturing facility in Thiland. Groundbreaking!
On December 25, 2023, Mr. Kittiphong Limsuwannarot, CEO of BBGI Public Company Limited, and Mr. Subramani Ramachandrappa, founder of Fermbox Bio and director of the joint venture company BBGI Fermbox Bio Company Ltd (BBFB), led the groundbreaking ceremony for the BBFB plant. This project involves constructing a Contract Development and Manufacturing Organization (CDMO) plant.
Big things are happening, and we are looking ahead to exciting times!
What a year it has been!
In 2024, we’re taking it up a notch — we aim to be one of the few bio-tech startups in the world to generate meaningful revenues within 24 months of founding the company.
Subramani Ramachnadrappa (suBBu)
Founder, Fermbox Bio
If you are interested to partner with us or know more about scope of collaborations, please reach out to us.