GreenLab, a Jonesboro, AR-based biotech company focused on corn-grown proteins, raised approx. $5.26M in Seed funding.
The backers were not disclosed.
The company intends to use the funds to accelerate growth and expand operations.
Led by CEO Jim Hedges, COO Kelly Phipps, CSO Dr. John Howard, and Founder and Director of R&D Dr. Elizabeth Hood, GreenLab currently has four patented enzymes growing in corn – already in commercial production. The company is seeking partners to explore its proprietary portfolio for direct sales, partner in production or to expand the capacity of other protein manufacturers.