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# Indian biotech startup String Bio raises $20 million in funding
- URL: https://www.techloy.com/indian-biotech-startup-string-bio-raises-20-million-in-funding/
- Published: 2022-07-11T15:00:14.000Z
- Updated: 2022-12-08T01:22:29.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: CleanTech, Biotech

[String Bio,](https://www.stringbio.com/index.html) a biotech startup based in India has raised $20 million in its new funding round to advance its decarbonization efforts.

- The funding will be invested in growing markets for its products and further driving its decarbonization impacts.
- String Bio combines biology, fermentation technology, chemistry, and process engineering to derive value-based products from the energy in methane.
- The startup produces protein ingredients for human and animal nutrition, crop inputs, and personal care solutions.
- The funding was received from Woodside Energy Group, Ankur Capital, Dare Ventures, Redstart, and Zenfold Ventures.