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U.S. biotechnology company secures $5.9 million USD under Nova Indústria Brasil policy  - Brazil Reports

MIT-based biotechnology company Harmony Baby Nutrition has secured $5.9 million USD (31.9 million Brazilian reais) from the joint FINEP-BNDES innovation fund, one of Brazil’s foremost partnerships promoting the country’s entrepreneurial ecosystem under the 2024 Nova Indústria Brasil policy. With the funds, the startup is planning to create a new research and development center in the eastern city of Belo Horizonte, focused on developing a wide r…
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Latin America Reports broke the news in on Friday, December 12, 2025.
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