Government funding

In the "My First Million" podcast, Shaan Puri discussed his experience with a biotech startup that utilized unique technology involving microbes to decompose coal. This project, notably in Australia, was pioneered by a scientist in the United States who initially received $40 million in government funding for developing microbes to decompose ammunition. Realizing the similarities between ammunition and coal, the company speculated whether these microbes could also decompose coal. This venture was a startup funded in part by a significant government investment to address environmental issues stemming from military activities, illustrating an innovative approach to utilizing government funds for environmental and energy solutions 1.