GreenLab, Inc. has announced the completion of a $5,268,944.44 seed investment round. The Northeast Arkansas group of investors comprises a cross-section of the agriculture business that understands the important role of sustainability and the benefit of protein optimization. The patented platform of the biotech startup is the literal greening of industry within a kernel of corn, reproduced exponentially across acres of cornfields.
“GreenLab’s seed round is driven by investors who understand true sustainability through their expertise in agriculture as farmers, agronomists, and landowners, as well as ag insurance and seed business owners,” said Kelly Phipps, GreenLab’s current COO and Chairman of the Board of Directors. He helped plan the round and took part in it.
GreenLab’s mission is to green industry with next-generation plant biotechnology. Our platform transforms a cornfield into the factory of the future. We deliver on biotech’s promise of next-generation proteins, end-to-end sustainability and unlimited scalability. GreenLab currently has four patented enzymes growing in corn- already in commercial production and is seeking partners to explore our proprietary portfolio for direct sales, partner in production or to expand the capacity of other protein manufacturers.