University of Edinburgh start-up to set up lab and grow team with £1m funding

A University of Edinburgh start-up has secured £1 million of investment to help revolutionise the field of microbial culturing, set up a new lab and grow its team.

OGI Bio has received the capital injection from TriCapital, which led the investment round alongside Apollo Informal Investment, Old College Capital, which is the University of Edinburgh’s in-house venture investment fund, Sapphire Capital Partners in conjunction with Queen’s University Belfast’s QUBIS Innovation Fund, Merleview (Capital), and Scottish Enterprise.

The funding will help the fledgling firm establish a new laboratory and manufacturing facility, expand its team and ramp up sales of the company’s automation systems to the microbiology and biotechnology sectors.

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