Enduro Genetics, a Stockholm, Denmark -based biotech firm, raised an undisclosed quantity in funding.
The spherical was led by NOON Ventures.
The corporate intends to make use of the funds to increase operations and its growth efforts.
Led by Peter Rugbjerg, CEO, Enduro Genetics is a know-how supplier dedicated to enabling large-scale fermentations. The corporate will increase the competitiveness of present and future inexperienced bioproduction utilizing its proprietary synthetic-biology know-how – Enduro Sense – that self-selects the very best cell variants. Spun out from the Novo Nordisk Basis Heart for Biosustainability, Technical College of Denmark, Enduro has incubated on the BioInnovation Institute in Copenhagen and obtained funding from the Innovation Fund Denmark.
In reference to the funding Enduro Genetics strengthens the board of administrators. Former Novozymes EVP Thomas Videbæk and former Novozymes VP Ejner Bech Jensen joined the board. Former deputy CEO of the Novo Nordisk Basis Niels Peder Nielsen turns into chairman.