Big Idea Ventures ("BIV"), a global investment leader within the food-tech, agri-tech, and materials science sectors, has launched its sixth portfolio company through its Generation Food Rural Partners (“GFRP”) Fund.
BioCloak, Inc. (“BioCloak” or the “Company”) has been launched to focus on validating and commercializing bio-based encapsulation technologies to reduce microplastics and protect and enhance performance of active ingredients, nutrients, and biologicals in Agriculture and Animal Nutrition applications, among others.
“At GFRP, we hold a balanced commitment to commercial value as well as sustainability. The launch of this company will enable us to meaningfully contribute to the use of biologicals in agriculture, while reducing the production of microplastics.” said Bill Arnold, Venture Discovery Director at GFRP.
The board of directors of BioCloak has appointed Paul Bially as Chief Executive Officer. Paul is an experienced business leader, having over 20 years of experience across Formulations, Sales, Product Development, and Executive leadership roles in sustainable agriculture.
“As stewards of the land, it is imperative to reduce microplastics in agriculture and embrace bio-based ingredients for our formulations.” said Paul Bially. “By prioritizing eco-friendly solutions, we not only protect the environment but also ensure the economic and financial resilience of our industry and the communities we serve. I am honored to lead BioCloak on this innovative and transformative journey.”
The GFRP Fund evaluates intellectual property focused on innovations in the agriculture, food, and protein sectors. The GFRP Fund invests to create new companies formed around research with the greatest chance for broad commercialization. These new companies will be headquartered in rural communities, creating living wage jobs to drive economic growth and development.
For more information, visit www.biocloak.com.
For more information, visit https://bigideaventures.com/generation-food-rural-partners/.