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Arzeda Accepts $12 Million Venture Capital Funding

Monday, March 02, 2009 5:42:00 AM PDT | VentureDeal Staff

Seattle, Washington  --  Biotechnology company Arzeda has secured $12 million in its first round of institutional venture capital financing.

Arzeda is developing what it calls "the world's leading computational enzyme design technology" that it says is changing the way people think about biocatalysis.

Investors in the round included OVP Venture Partners and WRF Capital. Proceeds purposes from the funding were not disclosed.

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