Danish bio-based dyes startup completes new investment round bringing total Series A raise to €12.8 million
COPENHAGEN – Biotech startup Octarine Bio has secured €5 million in new funding, bringing its total Series A raise to €12.8 million as it looks to scale its nature-based textile dyes.
Octarine says the fresh investment will accelerate the industrial-scale validation and commercial rollout of PurePalette, its natural pigment platform designed for use in the textile industry as a complete drop-in replacement for synthetic dyes.
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