Upwell Cosmetics, a marine materials startup based in Massachusetts, has announced a licensing agreement with Woods Hole Oceanographic Institution (WHOI) and Western Washington University (WWU) to jointly produce and commercialize a new material called marine microalgae-derived wax.
As the name suggests, marine microalgae-derived wax is a type of wax extracted from marine microalgae, and it is poised to become an important ingredient in beauty and personal care products in the future.
Upwell Cosmetics, founded in 2019, is a marine materials company dedicated to introducing the first …