StrainX Bioworks has raised $13 million in fresh funding to expand its production of alternative protein products.
The company develops protein using biotechnology as an alternative to traditional animal-based sources. With the new funding, it plans to increase production capacity, improve its technology, and speed up commercial rollout.
StrainX Bioworks said the investment will help it scale operations and strengthen its position in the fast-growing sustainable food sector. The company is also focusing on research and development to improve efficiency and product quality.
Also Read: Telangana secures ₹13,600 cr refinance for Metro debt