BioHarvest Sciences Receives $1.6 Million Grant to Advance Second-Generation Botanical Synthesis Platform

BioHarvest Sciences, a biotechnology company, has been awarded a $1.6 million grant from the Israeli Innovation Authority to advance its second-generation botanical synthesis platform. The grant will support the integration of AI tools, bioreactor expansion, and autonomous manufacturing functions, enhancing scalability and unit economics. The funding will be used to accelerate the development of new capabilities for BioHarvest's biotechnology innovation while maintaining a strong balance sheet.