Company offering upcycled ingredients closes on $22 million funding round

Read the full story in Food Business News.

Comet Bio, which uses its patented upcycling technology to produce ingredients, has completed a Series C funding round with an initial close of $22 million. Open Prairie, a private equity management fund based in Effingham, Ill., led the round. Other investors included Louis Dreyfus Co., BDC Capital and existing investor Sofinnova Partners.

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