On September 1, Mojia Bio announced that Mr. Ye Qingfeng joined Mojia as Vice President of Application Research and Development. Mojia Biotech stated that Mr. Ye Qingfeng has more than 28 years of industry experience. From front-line product research and development to managing multinational teams, he has accumulated rich and valuable experience in the field of industrial paints and coating products. His joining will not only further improve the R&D and production of sustainable industrial raw materials that Mojia leads in the industry, but will also assist the company in its next step of expansion of production scale and commercialization.
Mojia Biotech is a fast-growing, product-oriented bio-manufacturing company that is committed to using renewable carbon sources and green processes to produce food additives and chemical products. Its R&D operations and partners are spread all over the world, and it has its own company in China. production base. Mojia Biotechnology has been committed to developing green and environmentally friendly biological manufacturing methods for many years to replace traditional chemical production technologies with high pollution and high energy consumption. Based on its innovative enzyme engineering and biological metabolic pathway transformation platforms, as well as its interdisciplinary advantages, Mojia Biotech has completed the process development of multiple bulk products and entered the industrialization stage. The company’s Viridimin® series of vitamin B5 products will achieve mass production in June 2022. Compared with the current traditional process, Mojia Bio’s bio-manufacturing can not only achieve energy conservation and emission reduction, but also avoid the dilemma of environmental shutdown that the industry often faces under the current background of stricter domestic environmental protection policies, thereby achieving stronger continuous supply guarantee. Mojia Bio’s second commercial product area is the Aliphane® series of bio-based polymer products, which are widely used in the fields of coatings and adhesives and have a huge market.
In June 2022, the company completed Series B financing of more than US$80 million. This round of financing was led by Temasek, Sento Investment, LYZZ
Capital and others followed in the investment, and existing shareholders such as Green Dynamic Capital and Food Core Capital continued to support the company.
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