Bioda announced the completion of a new round of financing worth over RMB 100 million yuan (USD $13.85 million). The funds raised in this round will be primarily used for research and development, production, market expansion, and team development. Bioda is a research and manufacturing company specializing in probiotics and derivative products. They possess patented strains, core production equipment, and commercial production capabilities, providing solutions for the health, pharmaceutical, dairy, food, and modern agricultural industries. Their product range includes probiotic powders, ODM probiotic products, dairy formulations, and agricultural fermentation agents, which have been exported to 20 countries and regions including the Americas, Europe, and Australia. (Source: sohu.com)
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