Exclusive: NTx raises $47.5M Series B to commercialize protein, mRNA manufacturing platforms
Early-stage biomanufacturer Nature’s Toolbox (NTx) has collected $47.5 million in a Series B raise to bring its mRNA and protein production platforms to market, as well as to double its headcount and expand its Rio Rancho, NM facility.
NTx has two different manufacturing platforms: one called NTxscribe, which produces mRNA, and the other is named NTxpress, which is designed to make proteins.
The Series B is intended to bring NTxscribe to market in the third quarter of 2024, with a prototype available in the first half of next year, CEO Jamie Coffin told Endpoints News in an interview. Meanwhile, the protein platform is in earlier stages of development, he noted.
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