Solar Biotech, Inc. Receives Investment from Ingredion Inc. to Accelerate the Development of its Advanced SynBio Bioprocessing Technologies and Proprietary SynBio Products Pipeline
“We have been impressed with the caliber of Solar Biotech’s team, as well as their vision, technology, and hardworking culture. Solar Biotech will make a significant difference in the SynBio industry, and we look forward to a fruitful collaboration with their team.”, added Dennis Sawchuk, Ph.D., Vice President, Research of Ingredion, whose headquarters are in Westchester, Illinois.
About Solar Biotech
Solar Biotech, Inc. is a leading SynBio products and advanced bioprocessing technology development company with a mission to transform the way consumer products are manufactured via advanced bioprocessing technologies, including precision fermentation. The research and development and biomanufacturing facility in Norton has already facilitated the successful introduction of several major products to the SynBio food and beverage market segments. Recognizing rising consumer trends for sustainable, traceable, and healthier consumer goods, Solar Biotech is committed to environmentally sound operations in order to deliver the highest quality SynBio products available worldwide. Solar Biotech is working on the next generation of sustainable bioprocessing technologies, that will further revolutionize the SynBio industry. To learn more about Solar Biotech, visit www.solarbiotech.com.
Business & Technical: Alex Berlin, [email protected], 530-304-2144
Media: Lisa Wade, [email protected], 276-698-0892
Ingredion, Inc., headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in more than 120 countries. With 2021 annual net sales of nearly $7 billion, the Company turns grains, fruits, vegetables and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. With Ingredion Idea Labs® innovation centers around the world and approximately 12,000 employees, the Company co-creates with customers and fulfills its purpose of bringing the potential of people, nature and technology together to make life better. Visit ingredion.com for more information and the latest Company news.
Media: Becca Hary, [email protected], 708-551-2602
About Young America Capital
Young America Capital, LLC is a FINRA/SEC-licensed broker-dealer based in New York serving the investment banking needs of early-stage and middle-market companies. Through its team of experienced investment banking advisors and funds marketing executives, Young America Capital provides customized services to raise debt and equity capital, engage in buy and sell-side mergers & acquisitions, and secure institutional capital commitments for established or new alternative fund managers. For more information about Young America, visit yacapital.com.
SOURCE Solar Biotech, Inc.