Mykor

Mykor, a Bristol-based biotech firm focused on transforming industrial and agricultural waste into low-carbon construction products, has successfully secured £4 million in new funding. This investment will be utilised to accelerate the scaling of its industrial biofabrication technologies.

Summary of transaction details:

• Value: £4,000,000
• Sector: DeepTech & AI (Sustainable Construction)
• Advisor: Not mentioned
• Key Entities:
  • Target Company: Mykor
  • Investors: Clean Growth Fund, South West Investment Fund from British Business Bank, Innovate UK
• Location: Bristol, UK

Note: This funding round highlights a significant commitment to decarbonising the construction industry by backing innovative companies developing cost-effective and scalable sustainable materials.