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Home » Technology » GreenLab closes $5.2 million funding round

GreenLab closes $5.2 million funding round

24/01/2023 16:43:17
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Biotech startup Greens Protein Manufacturing’s platform turns a cornfield into the factory of the future.

JONESBORO, Ark., January 24, 2023 /PRNewswire/ — GreenLab, Inc. announces the closure of a $5,268,944.44 seed funding cycle. The group of investors of Northeast Arkansas represents a cross section of the agricultural industry that understands the critical role of sustainability and the value of protein optimization. The biotech startup’s proprietary platform is the literal greening of the industry in a grain of corn multiplied exponentially across acres of cornfields.

“GreenLab’s seed cycle is led by investors who understand true sustainability from their experience in agriculture as farmers, agronomists, and owners of land, ag insurance, and seed companies,” said declared Kelly Phillips, current COO and Chairman of the Board of GreenLab. He helped organize and participated in the round.

The GreenLab funding round is led by investors who understand the real sustainability and value of protein optimization.

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“The quality and insight of our seed cycle investors is a powerful testament to the transformational value that GreenLab’s platform offers for the sustainable and limitless scalability of new proteins,” said jim hedges, CEO of GreenLab. “This successful funding round follows years of dedicated research proving the science behind GreenLab’s optimized protein production platform. Our team of scientists is led by Dr. John Howardscientific director and Dr. Elizabeth HoodFounder and R&D Director.”

About Green Lab
GreenLab’s mission is to green industry through next-generation plant biotechnology. Our platform transforms a cornfield into the factory of the future. We deliver on the biotech promise of next-generation proteins, end-to-end sustainability, and limitless scalability. GreenLab currently has four patented enzymes that grow in corn – already in commercial production and is seeking partners to explore our proprietary portfolio for direct sales, production partners or to expand the capacity of other protein manufacturers.

Contact: James O’Brien (314) 669-5510 [email protected]

SOURCE GreenLab

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