Environmental Impact Acquisition received a $10 million investment to raise its PIPE financing to $124.25 million — funding to support a merger with GreenLight Biosciences.
Serum Life Sciences, a subsidiary of Serum Institute of India, made the investment.
GreenLight Biosciences is an integrated life sciences company with a biomanufacturing platform for discovering, developing, scaling, and commercializing ribonucleic acid (RNA) solutions at volume for a diverse product pipeline across agriculture and human health.
Formed by investment bank Canaccord Genuity, Environmental Impact Acquisition raised $207 million in a January IPO. Read more.
