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Synthetic Biology Startup Allozymes Raises US $5 Million Seed Round to Deliver Sustainable, Scalable Manufacturing of Natural Ingredients

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.

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