Agronomics Limited (GB:ANIC) has released an update.
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Agronomics Limited has invested $2 million in Liberation Labs as part of a $3.5 million fundraising effort, enhancing its stake in the company to 37.5% on a fully diluted basis. The funds will support the construction of a biomanufacturing facility in Indiana, which is vital for Liberation Labs’ upcoming Series A financing. This strategic move aligns with Agronomics’ focus on innovative biotechnology investments, promising growth in the cellular agriculture sector.
For further insights into GB:ANIC stock, check out TipRanks’ Stock Analysis page.
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