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The computational biotech start-up Protera has closed a $10 million series A funding round. In addition to the venture capital group Sofinnova Partners, which had already invested in Protera, the bakery giant Bimbo participated. Protera Guard, the firm’s flagship product, is a thermally stable antifungal protein for baked goods. Protera, one of C&EN’s 10 Start-Ups to Watch last year, says it will use the funds to scale up production of the protein and develop other computationally enhanced functional proteins.
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