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Former Cambridge scientist’s biotech startup pours in £2.25M funding for sustainable algae biofuel

Former Cambridge scientist’s biotech startup pours in £2.25M funding for sustainable algae biofuel

01/22/24, 10:03 AM
Location
cambrideshire
Money raised
£2.25 million
Industry
biotechnology research
Round Type
seed
Investors
Clean Growth Fund
HutanBio has raised £2.25 million in investment from Clean Growth Fund to accelerate the commercial use of its HBx bio-fuel oil, reducing greenhouse gas emissions and supporting the expansion of engineering and business development teams in Cambridge.

Company Info

Company
HutanBio
Location
cambrideshire, england, united kingdom
Additional Info
In 2019, HutanBio was founded by Dr. John Archer from Cambridge University, Noor Azlin Mokhtar, a PhD student at Cambridge, and Suhaiza Ahmad Jamhor with a Master’s degree in Biotechnology from Universiti Selangor in Malaysia.

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