SYNIAD’S ANODYNE SELECTED TO TAKE PART IN AWS CLEAN ENERGY ACCELERATOR 3.0

March 6th, 2023, Vancouver, British Columbia – Syniad Innovations Inc (“Syniad”) is proud to announce that its portfolio company Anodyne Chemistries (“Anodyne”), has been selected to take part in AWS’ Clean Energy Accelerator 3.0 program. Supporting partners in the program include energy titans EDF and Total Energies, decarbonization partners BlackRock and Temasek, alongside a world-class roster of energy service companies, municipalities, funds, and non-profit organizations.

In its most competitive year to date, Anodyne rose to the top of 465 applications from 64 countries, with advanced cleantech start-ups building clean energy technology solutions. Only 15 companies have been selected to participate in the high-pace, non-dilutive accelerator.

Anodyne will gain exposure to technical, business and go-to-market mentorship from AWS and up to $100,000 in AWS credit through AWS Activate to accelerate their computational enzymology capabilities and operations. With stops in Seattle in April 2023 and wrapping up with an Innovation Showcase at COP28 in Dubai, this year’s program will have expanded reach and scope, with international exchange sprints to foster tech innovation around the world, including one in the UAE in collaboration with Masdar City.

“We are thrilled to have been selected for this outstanding program,” said Manou Davies, CSO of Anodyne Chemistries. “The quality and scale of AWS and their supporting companies, who represent some of the world’s leaders in decarbonization, provides us with an unparalleled opportunity to demonstrate and scale the impact of our high-value, carbon-negative products into global supply chains.”

“This is a truly phenomenal opportunity for the Anodyne team to showcase their innovation on a global platform,” said Iain Evans, CIO at Syniad Innovations. “One of the long-held innovation myths was that for a disruptive innovation to succeed, you have to make incumbents fail.  What we’ve seen, however, is that often, by partnering with larger enterprises, deep-tech companies can leverage their experience, resources, infrastructure, and global reach to get to impact and scale much faster than re-inventing the system. Its programs like AWS’ CEA enable industry transformation to occur, and we couldn’t be more excited for the Anodyne team to be part of it.”

To learn more about the Clean Energy Accelerator and see the showcase for the last cohort, visit the AWS CEA page.

About Anodyne Chemistries Ltd.

Anodyne is a Canadian Startup with the vision to make the chemical industry sustainable by harnessing the potential of enzymes. Anodyne’s enzymatic platform is created through a pioneering approach that combines the evolutionary advantages of biology with the efficiencies of the chemical industry. By transitioning from fossil to fossil-free manufacturing, they seek to play a key role in solving one of the grand challenges of our time – how to produce affordable, sustainable products that we use every day.

Anodyne strives to build the industry’s leading chemical technology platform, the infrastructure to accelerate scale-up, a rapidly expanding pipeline, and a world-class team. Anodyne’s pipeline includes development candidates for fuels, polymers, food additives and pharmaceutical ingredients, and multiple trials are underway with other development candidates. In addition, Anodyne has initiated discovery programs with leading research universities, expanding the potential impact of our technologies.

For more information, visit: https://anodynechemistries.com/