Green Bioactives has completed a £2.6m seed financing round led by Eos Advisory, alongside Regenerate Ventures’ Agtech Fund, the Milltrust International Group and Scottish Enterprise; which also provided advisory support.
The money should enable the company to grow its management, production and research team capabilities, allowing it to demonstrate its biomanufacturing approach at larger scale.
Green Bioactives is currently working with several partners to produce natural products derived from plant cell cultures - or bioactives - that cannot be readily produced sustainably or economically using alternative production approaches.