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Biotech startup String raises $20 Mn to offer sustainable solutions to diverse sectors

Shortpedia

Content Team
Image Credit: cen

Biotech startup String has raised $20 Mn in its Series B funding round led by Woodside Energy, a subsidiary of global energy company Woodside Energy Group Ltd. New and existing investors including Ankur Capital, Dare Ventures, Redstart and Zenfold Ventures participated in the funding round. String will use the fresh capital to drive the market growth of its products and strengthen its decarbonisation impact.