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Alkem Laboratories invests $50M in biotech startup Enzene Biosciences

Alkem Laboratories subsidiary Enzene Biosciences (Enzene) has raised $50 million from Alkem Laboratories, Eight Roads Ventures, and F-Prime Capital. The company wants to expand in India and the US by using the funds it has raised to enhance production capabilities. Enzene, a company with its headquarters in Pune, has developed fully integrated biotech process development … Read more

Female-Owned Biotech Startup Tiamat Sciences Raises $3 Million to Manufacture Plant-Based Biomolecules

iotechnology startup Tiamat Sciences today announced its $3 million seed financing round led by Silicon Valley venture capital firm True Ventures with participation from Social Impact Capital and Cantos. Tiamat Sciences manufactures animal-free proteins using a proprietary plant molecular farming platform. By replacing costly bioreactors with plants, the company produces key reagents for biotechnology companies … Read more