July 20, 2021
Responsible consumers and companies are increasingly unwilling to tolerate the significant environmental impacts associated with natural ingredients sourcing.
The startup, co-founded by scientist-entrepreneurs, Peyman Salehian, PhD and Akbar Vahidi, PhD, employs a unique technology platform for the sustainable and scalable synthesis of natural ingredients.
Xora Innovation, the deep science investment platform of Temasek Holdings, leads the round with participation from SOSV, TI Platform Management, and Entrepreneur First.
SINGAPORE, July 21, 2021 /PRNewswire/ Allozymes, a Singapore-based, synthetic biology startup, announced today that it has raised US $5 million in a seed financing round led by Xora Innovation, the deep science investment arm of Temasek Holdings. SOSV, TI Platform Management, and Entrepreneur First have also joined the round.
SG s Allozymes raises $5m seed led by Temasek deep science investment arm Xora Innovation
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
Allozymes looks to upend chemical manufacturing with rapid enzyme engineering and $5M seed – TechCrunch
techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.