Loam Bio, an Australian company leading the charge in turning CO2 into stable soil carbon, has successfully graduated its Maine bioproduction unit from TechPlace. Loam’s journey to success in Maine started modestly, beginning with just one employee in our state-of-the-art BioWorks lab in 2021, and they effectively harnessed the resources and support available to drive their expansion. Over two years, Loam Bio capitalized on these facilities to grow, securing two private lab spaces, a shared bench within the BioWorks lab, and an industrial space for their mobile clean room.
With their workforce expanded to seven+ employees, Loam Bio proudly moved into their dedicated lab in South Portland in July 2023. TechPlace’s multi-level support facilities, including the BioWorks Lab, plentiful conference room space and shipping resources, played a pivotal role in nurturing their growth. To celebrate their significant milestone, TechPlace hosted a Graduation Party, underscoring our commitment to supporting innovative companies like Loam Bio as they continue their mission to scale carbon removal. Congratulations, Loam Bio, and best of luck in your onward journey!
“Our team occupied laboratory space in TechPlace from January 2021 to July 2023. We are very fortunate to have had the opportunity to work in a secure, adaptable place that supports start-up companies as they grow. We appreciated the responsiveness of the TechPlace team and the support they provided as we continued to mature. TechPlace is a unique environment with frequent networking opportunities inherent to a space chock full of interesting organizations.
“Thank you, TechPlace, for playing an integral role in our success, and we look forward to continuing our partnership for years to come.”
— Cassandra O’Brien
Head of Bioproduction-US, Loam Bio