Geltor raises $91.3 million to expand fermentation-derived collagen applications

July 30, 2020
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The Series B funding round was led by CPT Capital, with participation from a number of other previous investors, bringing Geltor's total funding to date to about $116 million. The company will use these funds for scaling up production and expanding applications of its structural protein ingredients like collagen and elastin. Aside from its recent momentum in the cosmetics space, Geltor is also looking to launch ingestible collagen supplements with functional health impacts as well as food and beverage ingredients by 2021, indicating sustained interest in the cellular agriculture space. Clients, synthetic biology and fermentation enable alternative manufacturing methods capable of addressing the evolving needs of consumer-facing businesses.

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