OGI Bio develops bioreactors and automated systems that enhance the efficiency and precision of microbial growth, supporting product development in health and beauty, food manufacturing, feedstock and greener alternatives to petrochemicals. The company is based at the Pentland Science Park outside Edinburgh. It has secured follow-on funding of £650,000 which it will use to accelerate planned expansion in the UK, US and Europe. CEO Alex McVey said the company will launch additional modules to complement existing market offerings and an enhanced software package to give customers greater flexibility in process control. The software update will allow customers to view, measure and control their culturing processes remotely. Tricapital Angels has been a partner since March 2022 and led this latest round alongside Scottish Enterprise, Merleview, Apollo and Old College Capital.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2024