ClostraBio Gains INVENT Illinois Investment, Appoints New CSO, Announces Plans for First Product Launch in Summer 2025 [Yahoo! Finance]
Kellogg Company (K)
Last kellogg company earnings: 4/30 08:00 am
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Source: Yahoo! Finance
announced new institutional investors in their latest bridge financing round that includes capital from the Illinois Innovation Venture Fund (INVENT) and NextGen Nutrition Investment Partners (NGN). The INVENT program, administered by the Office of Entrepreneurship, Innovation & Technology at Illinois Department of Commerce and Economic Opportunity (DCEO), is dedicated to supporting startups in the state. "We are proud to support the innovative spirit and growing biotechnology sector in Illinois. By investing in companies like ClostraBio through the Illinois Innovation Venture Fund, we are strengthening the state's position as a leader in biotechnology and entrepreneurship. The continued growth of our startup ecosystem, fueled by initiatives like INVENT, demonstrates our commitment to fostering an economic environment where companies can grow and thrive," said Illinois DCEO Director Kristin Richards. NGN invests in early-stage companies committed to technologies and products that
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