Zoe Yu Tung Law
New Wave Biotech’s AI bioprocess simulation platform helps companies scale biomanufacturing faster, cheaper and more sustainably.
Project
New Wave Biotech Ltd
URL
Year founded
2022
Business stage
Pre-Seed
High-growth sectors
Advanced Manufacturing
Sector
Biotechnology
Location
North West
Funding
Highly Commended Applicant
The problem and opportunity
Biotechnology can transform how we make food, health and materials. For example, precision fermentation can cut greenhouse emissions by 72-97% versus conventional methods (WEF, 2025). Yet taking a process from lab to factory is slow and costly, and around 90% of innovations fail to scale – not because the science fails, but because the manufacturing can’t be scaled viably. Process optimisation can cost hundreds of thousands of dollars per experiment.
The solution and innovation
New Wave Biotech has develop AI-enabled technology that build hybrid ‘digital twins’ of bioprocesses, allowing teams explore thousands of virtual process configurations, weigh the trade-offs between performance, cost and sustainability, and run only the most valuable physical experiments. As data is added, the system improves to build competitive advantage. In customer projects it has cut experiments by up to 92%, and unit costs by up to 55%.
Market and ambition
The market for biomanufacturing software is set to reach ~$86B by 2040, within a $1.1T bioeconomy. New Wave Biotech serves producers and their equipment and innovation partners across food, health, materials and pharma, and aims to become the standard for simulation-driven biomanufacturing scale-up.
Founder perspective
Zoe Yu Tung Law, CEO and Co-Founder of New Wave Biotech, has over a decade launching products and ventures for Fortune 500 companies in data and emerging tech. Alongside this, she has had two young children, and supports early-stage founders by delivering training for Cambridge Uni’s Impulse, TERN and Hatch Enterprise.
Women in Innovation Award
Highly Commended Applicant of the Innovate UK Women in Innovation Award 2025/26, receiving tailored business support and access to specialist training and networks. View all winners and highly commended applicants from the Women in Innovation cohort 2025/2026.