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Allozymes secures $15m in funding for European expansion
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Allozymes Raises $15 Million in Series A Funding, Poised to Revolutionize Industries with Enzymatic Solutions
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Biotech startup Allozymes closes $15m Series A co-led by Seventure, Xora Innovation
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Allozymes' ingenious method of quickly testing millions of bio-based chemical reactions is proving to be not just a useful service, but the basis of a unique and valuable dataset. The company just raised a $15 million Series A to grow its business from a helpful service to a world-class resource. The company has grown to 32 people in the U.S., Europe and Singapore, and has 15 times the lab space, which it has used to accelerate its already exponentially faster enzyme-screening technique.