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Bio-Based Silk Supplier Lands $35 Million Investment

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Novo Growth, the growth equity arm of Novo Holdings, said it has led a 29 million euros ($35.26 million) series C investment in AMSilk, said to be the world’s first industrial supplier of synthetic silk biopolymers. The financing will accelerate the ongoing scale-up of AMSilk’s industrial projects worldwide and further drive the internationalization of its…

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