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Arzeda Secures Funding to Accelerate Commercialization Efforts and Expand Production Capacity
Sep 17, 2024•almost 2 years ago
Contract Type
partnership
SeattleOtherBiotechnologyScience And EngineeringresearchDescription
Arzeda has closed an oversubscribed funding round of $38M, with new investments from Sofinnova Partners, Fall Line Capital, Sucden Ventures, Silver Blue, and the venture arm of W.L. Gore & Associates. This funding will be used to expand production capacity and accelerate the commercialization of new products, including their ProSweet Enzymes™ and ProSweet RebM™, aimed at meeting market demand for better tasting stevia and reducing GHG emissions.
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