Phytolon, a developer of fermentation-based natural food colors, announced that it has secured $14.5 million in funding, led by DSM Venturing, to further progress its technology towards commercialization, with participation from Cibus Fund, Ginkgo Bioworks (in-kind investment in the form of Foundry services) and The Trendlines Agrifood Fund. Participation in this Series A also includes some of Phytolon’s current shareholders: The Trendlines Group (the largest shareholder in the company), Arkin Holdings, Millennium Foodtech, Agriline (administered by Consensus Business Group), Stern Tech, and OpenValley/Yossi Ackerman.
Precision fermentation is the emerging trend but the basic system could also be a non engineered yeast; for example plant cell line for secondary metabolites like betalin etc, BGA, Bacteria etc. System development is important.
Precision fermentation is the emerging trend but the basic system could also be a non engineered yeast; for example plant cell line for secondary metabolites like betalin etc, BGA, Bacteria etc. System development is important.