TurtleTree Labs Raises US$3.2M in Seed Funding

TurtleTree Labs, a Singapore-based biotech company, raised $3.2m in seed funding.

TurtleTree Labs Founders Max Rye and Fengru Lin

Backers included Green Monday Ventures, KBW Ventures, CPT Capital, Artesian, and New Luna Ventures.

The company intends to use the funds to continue to expand its development efforts.

Co-founded by Max Rye and Fengru Lin, TurtleTree Labs is a cell based biotechnology company creating real milk from mammalian cells, without the need for animals. TurtleTree Labs currently has a team of more than 20 full-time scientists and engineers. The company raised its initial investment which was led by New York-Hong Kong based Lever VC in 2019, with investors from various geographies.

FinSMEs

25/06/2020

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