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Synbio Powerlabs secures 6.6 million euro funding for a revolutionary biotechnology pilot plant

HELSINKI, FINLAND, December 27, 2022 - Synbio Powerlabs Oy ("Synbio Powerlabs" or the "Company"), a leading Biotech company catalyzing the DNA-Economy by enabling the development of disruptive biotechnologies with precision fermentation, from lab-scale experiments to large scale pilot runs, is pleased to announce it has secured 6.6 million euro funding for a unique biotechnology pilot plant for precision fermentation.

The Finnish Ministry of Employment and the Economy organization Business Finland (“Business Finland”) has granted €2.99 million in funding to Synbio Powerlabs for a pilot project specializing in precision fermentation and biotechnology. The state-of-the-art facility is part of a broad collaborative project to promote the next generation circular bioeconomy through biotechnology. To be built in Hämeenlinna, Southern Finland, it will enable companies and researchers to upscale biotechnology innovations to pre-commercial scale.

Read more on Synbio Powerlabs web site

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IBC Finland builds novel biotechnology solutions and products through project cooperation between companies and research institutes. We offer industry the opportunity to achieve sustainable processing and production of biobased products, chemicals, materials and fuels, from renewable raw materials using biotechnology.

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