Manus Bio makes series A breakthrough

26-Jul-2018

A recent article on Manus Bio:

The MIT spinout has raised $19.4m from unnamed backers, and the plant-based ingredient developer will use the cash to expand its production capacity.

Manus Bio, a US-based natural ingredient supplier spun out from Massachusetts Institute of Technology (MIT), has secured $19.4m in a series A round backed by unnamed new and existing investors. Byron Alsberg, partner at venture capital firm 415 Investments, has joined Manus Bio’s board of directors.

 

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