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Biotechnology startup Zaara Biotech raised an undisclosed amount from Transcend International

Biotechnology startup Zaara Biotech, fostered under the Kerala Startup Mission's (KSUM) flagship Innovation and Entrepreneurship Development Centre (IEDC) scheme, raised an undisclosed amount of investment from US-based Transcend International to set up the startup's algal seaweed technology facility in the US.

Zaara Biotech will use the amount for setting up a manufacturing facility for food and beverages under the brand name 'B-lite', an algal seaweed culturing facility, and a research centre for photobioreactors in the US.

Currently, Zaara is working in the UAE for setting up the manufacturing facility for FMCG products.

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