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ARBIOM receives €12 Million to build its first commercial plant

RIG client ARBIOM has announced a €12m grant from the French Government, accelerating the commercialisation phase of its innovative product SylPro

ARBIOM has received a grant of €12 million from the France Relance investment program following the success of their four-year demonstration program that validated the scale-up of their production process and the in-vivo performance of their SylPro product with customers and partners. The grant is a key step in their journey to launching the construction of its first factory in France; the commercial facility will produce 10,000 tonnes of SylPro per year and employ more than 40 people.

SylPro® is a protein-rich alternative produced through a "wood to food" process which is a viable solution to bridge the protein gap in Europe. 

Read more here: https://arbiom.com/arbiom-receives-e12-million-to-build-its-first-commercial-plant/