Aussie biotech startup Loam Bio raises $73m Series B funding

Aussie biotech startup Loam Bio raises $73m Series B funding

Australian biotechnology company Loam Bio, whose microbial technology for cropping systems aims to transform CO2 removal, has raised 105 million Australian dollars ($73 million) in its Series B funding round to officially launch its products in the Australian market after years of product development.

Edited by: Pramod Mathew