The funding round was backed by Mercia Ventures, Northstar Ventures, and the North East Venture Fund.
"The support from our investors has allowed us to grow the business to the point where we now work with over 100 customers internationally including large pharma and biotech companies. This latest investment will further enhance our technology and underpin our ability to continue our rapid growth."
Steven Bartlett backs ethical jewellery brand Kimaï with his largest investment since joining the BBC show.
"I am clearly realising that I can’t apply the usual metrics to value a business to value this business. Because you have raised big funds, at a very high valuation, long before you were profitable."
Clean Growth Fund backed the Cambridge biotechnology startup to accelerate the commercial rollout of its HBx biofuel.
"Clean Growth Fund’s investment in HutanBio, coupled with the strong commercial interest in HBx now being shown by potential customers from around the world, is hugely exciting and underlines the company’s massive potential. We have been patient and rigorous in our scientific work to ensure that HBx is market-ready, demonstrating the world-class expertise and tenacity of our team. We believe that HBx unlocks the biofuel puzzle, with the capability to produce a cost-effective biofuel an order of magnitude greater than any other oil-crop."
JPMorgan Chase led the $300m equity financing to support the development of fault-tolerant quantum computers.
"Financial services has been identified as one of the first industries that will benefit from quantum technologies. As such, we have been investing in quantum research and our team of experts – led by Dr. Marco Pistoia – have made groundbreaking discoveries, partnering with quantum computing leaders like Quantinuum. We look forward to continuing to work together to positively impact our businesses, customers and the industry at large."