Liberation Labs Announces Final Close of $20 Million in Seed Financing
NEW YORK, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Liberation Labs , the developer of a precision fermentation platform for the production of alternative proteins at scale, has closed a $20 million seed round of funding.
- NEW YORK, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Liberation Labs , the developer of a precision fermentation platform for the production of alternative proteins at scale, has closed a $20 million seed round of funding.
- The round was led by Agronomics and Siddhi Capital and includes CPT Capital, Thia Ventures, 8090 Industries and Echo.
- “Liberation Labs aims to dramatically increase availability of precision fermentation capacity to meet the rising demand for alternative proteins, fueled by population growth and increasingly health-conscious, impact-driven consumers,” said Mark Warner, co-founder and CEO of Liberation Labs.
- Liberation Labs is projecting commissioning and commercial production of its first facility by the end of 2024.