EnginZyme Raises €21M in Series B Funding
- EnginZyme, a Stockholm, Sweden-based green tech company, raised €21M in Series B funding
- The investors included Almi Invest GreenTech, Navigare Ventures, Bunge Ventures, Sofinnova Partners, Industrifonden and SEB GreenTech VC
- The company intends to use the funds to execute its plans for large-scale commercialization and build new features of its proprietary technology platform to enhance performance
- The company develops biomanufacturing processes for the sustainable manufacturing of everyday products
- Its technology platform uses nature’s catalysts, enzymes, combining biology with chemical industry in a single solution