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