Colorado Biofactory, also known as "The Mushroom Biorefinery," is a biotechnology startup founded in 2020, headquartered in the United States. The company's innovative approach involves utilizing mushrooms to convert agricultural waste into high-performance biological products. They are currently in the process of constructing their first mushroom biorefinery in Colorado. Recently, Colorado Biofactory secured a significant investment of $200.00K through the Advanced Industries Accelerator (AIA) Program on 18 May 2023. This funding not only validates the potential of their business model but also provides the necessary resources to further develop their unique biorefinery concept. The company's focus on sustainability and utilizing natural resources aligns with the current trends in biotechnology and environmental consciousness. Their ability to effectively convert agricultural waste into high-value products positions them as a promising player in the biorefinery landscape. This recent investment serves as a testament to their potential and may attract further attention from venture capital firms and investors seeking opportunities in the rapidly growing biotechnology sector.
Funding Stage | Amount | No. Investors | Investors | Date |
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Grant | $200.00K | 1 | Advanced Industries Accelerator (AIA) Program | 18 May 2023 |
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