Ourobio, with a valuation of $8 million, is raising funds on Round Here. The company turns industrial byproducts into biodegradable plastic additives. The aim of the company is to lower the cost, environmental footprint, and difficulty of making bio-based products and packaging. Ourobio has developed engineered microorganisms that turn industrial byproducts into plastic additives for chemicals and CPG industries. The company has received several grants and recognitions and has signed MOUs with prospective partners. Alec Brewer and Kobe Rogers founded Ourobio in March 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $350,000. The campaign proceeds will be used for preliminary architecture and design for technology and product development, marketing, administrative and overhead expenses, and other indirect expenses.