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On June 23, the bio-manufacturing company Mojia Bio completed its Series B financing of more than US$80 million.
This round of financing was led by Temasek, with participation from Sento Investment and LYZZ Capital.
Bless
.
This round of financing will be used for the industrialization and commercialization of Mojia Bio's core bio-based products, as well as the research and development of new product pipelines and team expansion
.
After a century of rapid development, the traditional petrochemical industry has provided abundant petroleum-based products for human beings in various fields of clothing, food, housing, transportation and industrial production
.
Although petroleum-based products have greatly improved people's living standards, they have also caused serious environmental and social problems such as greenhouse gas emissions and environmental pollution
.
In order to achieve sustainable development, the world urgently needs to produce greener and safer chemicals and materials through renewable raw materials or the restructuring of production processes through synthetic biotechnology
.
After a century of rapid development, the traditional petrochemical industry has provided abundant petroleum-based products for human beings in various fields of clothing, food, housing, transportation and industrial production
.
Although petroleum-based products have greatly improved people's living standards, they have also caused serious environmental and social problems such as greenhouse gas emissions and environmental pollution
.
In order to achieve sustainable development, the world urgently needs to produce greener and safer chemicals and materials through renewable raw materials or the restructuring of production processes through synthetic biotechnology
.
After a century of rapid development, the traditional petrochemical industry has provided abundant petroleum-based products for human beings in various fields of clothing, food, housing, transportation and industrial production
.
Although petroleum-based products have greatly improved people's living standards, they have also caused serious environmental and social problems such as greenhouse gas emissions and environmental pollution
.
In order to achieve sustainable development, the world urgently needs to produce greener and safer chemicals and materials through renewable raw materials or the restructuring of production processes through synthetic biotechnology
.
After a century of rapid development, the traditional petrochemical industry has provided abundant petroleum-based products for human beings in various fields of clothing, food, housing, transportation and industrial production
.
Although petroleum-based products have greatly improved people's living standards, they have also caused serious environmental and social problems such as greenhouse gas emissions and environmental pollution
.
In order to achieve sustainable development, the world urgently needs to produce greener and safer chemicals and materials through renewable raw materials or the restructuring of production processes through synthetic biotechnology
.
After a century of rapid development, the traditional petrochemical industry has provided abundant petroleum-based products for human beings in various fields of clothing, food, housing, transportation and industrial production
.
Although petroleum-based products have greatly improved people's living standards, they have also caused serious environmental and social problems such as greenhouse gas emissions and environmental pollution
.
In order to achieve sustainable development, the world urgently needs to produce greener and safer chemicals and materials through renewable raw materials or the restructuring of production processes through synthetic biotechnology
.
Mojia Bio has been committed to developing green and environmentally friendly biological manufacturing methods for many years to replace the traditional chemical production technology with high pollution and high energy consumption
.
Based on its innovative enzyme engineering transformation and biological metabolic pathway transformation platform, as well as its interdisciplinary advantages, Mojia Bio has completed the process development of many bulk products and entered the stage of industrialization
.
The company's Viridimin® series of vitamin B5 products will achieve mass production in June 2022
.
Compared with the current traditional process, the bio-manufacturing of Mojia Bio can not only achieve energy saving and emission reduction, but also avoid the dilemma of environmental shutdowns that the industry often faces under the background of the current domestic environmental protection policy, thereby achieving a stronger continuous supply guarantee
.
Mojia Bio's second product area to be commercialized is Aliphane® series of bio-based polymer products, which are widely used in coatings and adhesives and have a huge market
.
Guang'an Mojia Biotechnology Co.
, Ltd.
is a research and development-oriented biotechnology enterprise, and is also the industrialization base of Shanghai Aimeijing Biotechnology Co.
, Ltd.
, a Sino-foreign joint venture located in Zhangjiang High-tech Park in Pudong, engaged in product research and development in the field of biotechnology , optimization and production
.
The company was established on August 9, 2018 and is located in Xinqiao Industrial Park, Guang'an Economic and Technological Development Zone, Sichuan, covering an area of 110 mu.
Its main business scope is biotechnology promotion services, biochemical product manufacturing, chemical products, environmental protection equipment, pharmaceuticals and health care Food scientific research and technical services,
etc.
Mojia Bio has mastered and utilized the world's leading bio-enzyme technology to change the traditional chemical production methods.
The process is mature and stable, saving energy and reducing emissions, greatly improving production efficiency and realizing green production of biochemical products
.
At present, the main goal of the company's first-phase construction project is the research, development, pilot test, production and sales of pharmaceutical raw materials, feed additives, food additives, and cosmetic additives
.
