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French Company Raises €29M to Sell Supplements and Cosmetics from Microalgae

04:32 EDT 11 Jul 2019 | Labiotech.eu

The French biotech Microphyt has raised €28.5M ($32M) to commercialize nutritional and cosmetic products harvested from microalgae. Over the next 18 months, Microphyt will use the money to ramp up its workforce and industrial capacity in preparation for pushing its microalgal food ingredients and cosmetics to market. The company is developing technology to overcome a […]

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