The Food and Drug Administration approved genomics company DxTerity's at-home COVID test this week making the Rancho Dominguez-based company one of the few that partner exclusively with corporations to provide saliva-based tests that can be taken on your couch.
As workers return to work, businesses have been scrambling to create safety protocols and make workers feel safe. Individual consumers have been able to purchase at-home tests online, but the company said it hasn't been as easy for businesses.
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Newlight Technologies, a biotech company that will use microorganisms to produce biodegradable clothes and utensils, closed a $45 million Series F financing round last week. Houston-based Valedor Partners joined existing Newlight investors GrayArch Partners in completing the Series F financing.
This announcement comes a month after the opening of Newlight's commercial scale production facility in Huntington Beach. That facility was set up to produce the company's AirCarbon material, an alternative to synthetic materials made from the secretions of pollution-eating microorganisms. It will be the main ingredient in the company's two new brands: Restore, an alternative to plastic utensils and Covalent, a high-end fashion brand aimed at the eco-conscious consumer.
Angelenos could soon see their trash become a large part of their trash cans.
Los Angeles-based manufacturing company Rehrig says it has engineered a way to integrate at least twice as much ocean-bound plastic into its new products as its competitors.
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