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Izote Biosciences takes in $2.6M to develop a fermentation process sans oxygen
The startup is developing a proprietary method that enables bacteria to "breathe without oxygen" inside a bioreactor.
Using precision fermentation as a manufacturing process to create bio-based products like chemicals, medicines and even cultivated meat continues to be costly and not yet perfected for scalability. The company’s technology enables the making of what Atwood called “bio-based molecules” for a number of industries to yield low-cost, local feedstocks. After receiving a small amount of funding last year, Reyes-Umaña and Atwood decided to go after additional venture capital to build a team that could design and execute Izote’s process in a laboratory setting.
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