Money doesn’t grow on trees

By nanollose in Media

An Australian biotechnology start-up has raised AU$5 million from investors to commercialise a new type of cellulose fibre that it says is ‘plant-free and environmentally friendly’. The company says it raised most of the money at the listing of Nanollose Ltd on the Australian Stock Exchange in October 2017, while pledging to spend most of the funds on its supply chain. Nanollose claims its fibre…

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