Circe Bioscience is focused on developing a manufacturing platform that utilizes carbon dioxide, water, and electricity. Circe’s initial focus is on making triglycerides (fats, butters, and oils essential in foods, chemicals, and fuels). Their combination of gas fermentation technology and sophisticated genetic engineering produces nature-identical chemicals at scale more cheaply than traditional methods, consumes CO2, and operates using hydrogen. Thus far, Circe has successfully produced and has IP on a diverse array of chemicals including plastics, fertilizers, fuels, proteins, sugars, and fats. Circe’s carbon-negative products produce zero to limited waste and have the capability of replacing products supplied by incumbent industrial agriculture and petrochemical companies. Given the company’s achievement of price parity, Circe’s technology holds profound potential to transform manufacturing supply chains, which can heavily contribute to a global reduction in carbon emissions. An example of Circe’s impact is their production of Circe Oil, which replaces the palm oil industry’s reliance on deforestation with their proprietary carbon negative and zero waste methodology.