EnginZyme Extends Series A to 11 Million to Advance Cell-Free Chemical Production Platform in Funding Round Led by Swedens Industrifonden
Posted on 7598 EnginZyme, a company developing a technology platform for sustainable production of chemicals, today announced it has closed an extension to its Series A financing round, bringing the total raised to €11 million. The extension round was led by Industrifonden, Sweden’s largest deep tech venture capital firm, followed by SEB Greentech VC and existing shareholders. “Current bio-manufacturing processes are too expensive and too difficult to scale to be economically feasible for most chemicals and products,” said ...
Source: financialbuzz.com