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GreenLight Bio Grabs $20 Million Equity Funding

Wednesday, June 17, 2015 5:32:00 AM PDT | VentureDeal
   Medford, Massachusetts  --  Biotechnology company GreenLight Biosciences has received $20 million in new venture capital equity funding, according to an SEC regulatory filing.

GreenLight is developing sustainable production of chemicals and fuels using what it calls its "Unconstrained Metabolism" platform.

The company says that the system enables conversion of renewable substrates into products with flexibility and control.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

GreenLight is still seeking $91,000 in additional financing, according to the filing.

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