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

Visa Launches Platform to Support US Small Businesses

New initiative aims to bolster the growth of small enterprises in the U.S.Highlights: Visa has unveiled a new...

CommBank Strengthens AI Adoption Strategy to Ease Customer Concerns

New initiatives aim to foster trust and mitigate fears surrounding AI.Highlights: CommBank launches initiatives to build customer trust...

Remitly Cuts 110 Jobs in Israel Amid Restructuring

The layoffs are part of Remitly’s efforts to streamline operations and reduce costs.Highlights: Remitly is cutting 110 jobs...

Business Identity Startup Duna Raises $30M to Expand Services

Funds will help Duna enhance its business identity solutions.Highlights: Duna secures $30M in funding for growth.Funding will enhance...