String Bio, 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.