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19th January 2024 - 0 comments

Cambridge biotech firm HutanBio secures £2.25m funding

HutanBio, a bio-tech company founded by scientists from Cambridge University, based in Cambridge (UK) and in Malaysia, has secured a £2.25m investment from Clean Growth Fund, a leading UK clean-tech venture capital fund to accelerate the commercial use of its HBx bio-fuel oil and so reduce greenhouse gas emissions. Having raised circa £500k from Angels in late 2022 and the first half of 2023, further angel investment was also made in this latest round.

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