MiAlgae Secures £14 Million to Boost Commercialisation of Innovative Biotechnology
Tuesday, 17 September 2024, 22:04
MiAlgae Secures Significant Funding
MiAlgae has secured £14 million in funding to accelerate its operations and scale production.
Funding Purpose and Impact
Based at Heriot-Watt University's Edinburgh campus, MiAlgae’s primary focus is on sustainable innovations. The funding will facilitate the enhancement of production capacity and the drive towards commercialisation.
Market Opportunities
- Biotechnology Expansion: The investment reinforces the potential in the biotechnology sector.
- Strategic Growth: Investors see this as a milestone towards sustainable practices.
- Transformative Solutions: MiAlgae is poised to impact environmental sustainability.
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