RICHMOND, IND. — Liberations Labs has broken ground on its first precision fermentation biomanufacturing facility in Richmond.
The facility features fermentation capacity of 600,000 liters with a downstream process and will produce bio-based proteins and other building block ingredients for consumer packaged goods companies and other industrial manufacturers.
“Today is a major milestone not just for Liberation Labs but for the future of bio-products,” said Mark Warner, co-founder and chief executive officer of Liberation Labs. “Despite strong consumer interest in bio-based ingredients, the industry has yet to fully deliver on their promise. We believe our purpose-built biomanufacturing facility will fill the gap and help usher in a new era of advanced bioproducts that will make our lives better, including foods, materials and yet-to-be-discovered breakthroughs.”
The company recently secured $30 million in equipment financing to construct the facility, which is expected to be completed by the end of 2024.