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

SustainNOW Podcast - Exploring Climate Solutions with Innovators and Entrepreneurs

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.

Capíttulos

1. 31: Synonym's mission to create a new green asset class - using bioeconomy to replace 50% of petrochemical products (00:00:00)

2. What is you mission at Synonym? (00:02:45)

3. What are examples of how biology can replace petrochemical products? (00:04:40)

4. How is fermentation used? (00:07:00)

5. How is Synonym scaling up? (00:10:20)

6. What does Synonym do? (00:13:20)

7. Can you give an example of your work? (00:16:25)

8. How do you de-risk for asset class comparison? (00:22:00)

9. How do CMO's function in this process? (00:25:00)

10. How do you finance this operation? (00:29:40)

11. How did you end up in this sector? (00:39:00)

12. How do you secure funding? (00:43:00)

13. How long will your current funding last? (00:45:00)

14. What does your next 24 months with Synonym look like? (00:46:00)

15. How can people contact you? (00:47:00)

16. What is your personal motto? (00:47:30)