Liberation Labs: Closes $20M Seed Financing

Liberation Labs Closes $20M Seed Financing

  • Liberation Labs, a New York-based developer of a precision fermentation platform for the production of alternative proteins at scale, raised $20M in Seed Financing
  • The round was led by Agronomics and Siddhi Capital with participation from CPT Capital, Thia Ventures, 8090 Industries, and Echo
  • The company intend to use the funds to build out a 600,000 liter production facility
  • LiberationLabs is commercializing a precision fermentation platform with a global network of purpose built, international manufacturing facilities that enable biotechnology advancements to produce alternative protein at scale
  • LiberationLabs is projecting commissioning and commercial production of its first facility by the end of 2024
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Talos and Nasdaq Strengthen On-Chain and Off-Chain Collateral Workflow

New partnership enhances digital asset handling and collateral management.Highlights: Talos and Nasdaq collaborate to streamline collateral workflows.Partnership aims...

FCA Restricts Use of Sensitive Data in AI Trial with Palantir

Regulatory concerns arise over data handling protocols in AI trials.Highlights: FCA criticized for using sensitive data in AI...

Bank of Ireland Strengthens AI Readiness for Staff Training

New initiatives prepare employees for an AI-driven banking landscape.Highlights: Bank of Ireland launches AI training initiatives for staff.Employees...

MAS Develops AI Risk Management Toolkit to Strengthen Financial Sector

New toolkit aims to enhance risk management within Singapore's finance industry.Highlights: MAS launches an AI Risk Management Toolkit...