Arsenale Bioyards, a Milan, Italy-based neo-industrial company fundamentally redefining scalable biomanufacturing, closed its first $10m seed financing round.
The round was led by Planet A and byFounders with participation from CDP Ventures, Acequia Capital, Plug N Play, Grey Silo Ventures as well as industrial family offices.
The company intends to use the funds for the expansion of its infrastructure, accelerating its commercialization roadmap in the food and cosmetics industries.
Led by CEO Massimo Portincaso, CSO Gordana Djordjevic, CTO Niels Lynge Agerbæk, CIO Matteo Zanotto, and COO Arnaud Legris, Arsenale provides a bio-manufacturing platform that integrates advanced hardware, AI-driven software, and precision fermentation. It enables industries like food, chemicals, and materials to develop and scale bio-based alternatives to petrochemicals and animal-derived products. Arsenale operates a fully functioning pilot site equipped with 1,000L precision fermentation capacity, including two advanced 500L bioreactors and a suite of batteries of smaller precision fermentation bioreactors with industry-first sensing capabilities.
The company has operations in Pordenone and the US.
FinSMEs
27/02/2025