Scottish-based Cleantech Bioscience Firm Raises £3 Million

Penrhos Bio, the Scottish-based cleantech bioscience company, has raised £3 million in Series A funding.

The raise comes from a consortium of investors including St Andrews-based firm Eos, New York branding partner Earthbound Brands LLC, and national economic development agency Scottish Enterprise, with several individuals and current shareholders also participating.

The funding round was further supported by Innova Partnerships, the Perthshire-based firm helping to build healthcare and life science enterprises.

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