Liberation Labs

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Liberation Labs Secures $30 Million in Equipment Funding for First Biomanufacturing Facility

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Liberation Labs

Liberation Labs, industrial biotech’s fabrication partner, has secured $30 million in equipment financing to advance development of its first commercial-scale biomanufacturing facility in Richmond, Indiana. The new facility will have a fermentation capacity of 600,000 liters with a fully dedicated downstream process (DSP). Groundbreaking is expected in June 2023 with initial plant startup by the end of 2024.

Read more at GlobeNewswire