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Investment

21st.Bio raises $97 million for manufacturing site

by Matt Blois
January 2, 2022 | A version of this story appeared in Volume 100, Issue 1
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The Danish biotech start-up 21st.Bio has raised $97 million to build its first manufacturing site. The company helps clients choose the best organism to produce a desired chemical and then optimizes the strain for large-scale production. 21st.Bio is based on technology from the Danish biotech company Novozymes, which has a stake in the firm and could earn royalties on products made by 21st.Bio clients.

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