GALY Raises $33 Million in Oversubscribed Series B - GlobeNewswire

Sep 3, 2024  · GALY has also secured millions of dollars in proof-of-concept agreements with top industry players and a 10-year, $50 million offtake agreement with Suzuran Medical, a …


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GALY Raises $33 Million In Oversubscribed Series B - GlobeNewswire

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Sep 3, 2024  · GALY has also secured millions of dollars in proof-of-concept agreements with top industry players and a 10-year, $50 million offtake agreement with Suzuran Medical, a …

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GALY Raises $33 Million In Oversubscribed Series B Financing

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Oct 17, 2024  · GALY CO., a climate tech company that makes sustainable cellular agriculture products based in Boston, Mass., announced the closing of an oversubscribed $33 million …

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GALY Raises $33 Million In Oversubscribed Series B Financing To …

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Sep 3, 2024  · GALY Raises $33 Million in Oversubscribed Series B Financing to Advance its Cellular Agriculture Platform Provided by GlobeNewswire Sep 3, 2024 2:00pm

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GALY Raises $33M To Advance Lab-grown Cotton Product To Scale

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Sep 19, 2024  · BOSTON – GALY CO., a climate tech company pioneering the development of first-of-its-kind sustainable cellular agriculture products, announced the closing of an …

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Climate Tech Start-up GALY Raises US$33M In Oversubscribed …

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BOSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- GALY CO., a climate tech company pioneering the development of first-of-its-kind sustainable cellular agriculture products, today …

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GALY.CO — Press

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Press Release (September 3, 2024): GALY Raises $33 million in oversubscribed series b financing to advance its cellular agriculture platform. ... GALY Grows Greener Cotton In A Lab, …

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Lab Grown Cotton Startup Galy Raises $33M In Series B Financing

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Sep 16, 2024  · Lab grown cotton just received a substantial helping hand.. Boston-based Galy Co., a sustainable agricultural startup developing first-of-its-kind sustainable cellular …

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BOSTON, September 3, 2024-- GALY CO., a climate tech company pioneering the development of first-of-its-kind sustainable cellular agriculture products, today announced the closing of an …

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GALY Raises $33 Million In Oversubscribed Series B Financing For …

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Sep 5, 2024  · BOSTON, U.S.: GALY CO., a climate tech company pioneering the development of first-of-its-kind sustainable cellular agriculture products, today announced the closing of an …

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GALY Raises $33 Million In Oversubscribed Series B Financing To …

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Sep 3, 2024  · Funding will be used to advance GALY’s proprietary lab-grown cotton product, 'GALY Cotton,' from lab to pre-industrial scaleCompany to expand R&D efforts into the …

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GALY Raises $33 Million In Series B Financing - Citybiz

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BOSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) — GALY CO., a climate tech company pioneering the development of first-of-its-kind sustainable cellular agriculture products, today …

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BOSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) — GALY CO., a climate tech company pioneering the development of first-of-its-kind sustainable cellular agriculture products, today …

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FAQs about GALY Raises $33 Million in Oversubscribed Series B - GlobeNewswire Coupon?

Who financed Galy?

("GALY") has announced that it has closed an oversubscribed US$ 33 million Series B financing led by Breakthrough Energy Ventures LLC, with additional participation from new investors H&M Group Ventures and Industria de Diseño Textil, S.A. (through Mundi Ventures). ...

How much money does Gly raise in Series B financing agronomics?

GALY Raises US$ 33 Million in Series B Financing Agronomics (LON:ANIC), a leading listed company in the field of cellular agriculture, is pleased to report that its portfolio company GALY CO. ...

How much has agronomics invested in Galy?

In aggregate, Agronomics has invested US$ 1.5 million in GALY across its Pre-Series A and Series A rounds. Subject to audit, Agronomics will, as a result of this Series B round, carry this position forward at a book value of £2.6 million representing a MOIC of 2.2x and an IRR of 28.0%. ...

Does agronomics own Galy?

Agronomics now holds an equity stake of 3.3% in GALY on a fully diluted basis, accounting for approximately 1.6% of Agronomics' last stated Net Asset Value on 30 June 2024. "We are thrilled to have investors who recognise the crucial role that our climate adaptation technology will play in our daily lives. ...

Why should you partner with Galy?

About 60% of the materials we source for our products is cotton and we have high ambitions that all our materials come from recycled or other sustainable sources by 2030, so partnering with GALY makes perfect sense,” said Martin Ekenbark, H&M Group, Circular Innovation Lab Lead and Board Observer at GALY. ...

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