EnginZyme: Raises €21M in Series B Funding

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
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

Brink’s Strengthens Position with $6.6B NCR Acquisition

Brink's expands its services through strategic acquisition of NCR's Atleos.Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal...

Barclays Strengthens Blockchain Payments Platform Discussions

Bank explores blockchain vendors for enhanced payment solutions.Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...

Lloyds Tightens Bank Account Opening Process in Branches

The bank limits account openings amidst ongoing service updates.Highlights: Lloyds will restrict opening some bank accounts in branches.The...

Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances

Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...