Milan’s Arsenale Bioyards raises $10 million for biomanufacturing platform

In Milan, Arsenale Bioyards has raised $10 million in seed funding to advance its biomanufacturing platform, which includes innovations in advanced hardware, AI-driven software, and precision fermentation.

Led by Planet A and byFounders, the funds will be used to expand infrastructure and accelerate commercialization in cosmetics and foods. CDP Ventures, Acequia Capital, Plug N Play, Grey Silo Ventures and industrial family offices also participated in the fundraise.