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Sandpiper Backs DeNova

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Sandpiper Ventures, Atlantic Canada’s female-led investment fund, announced Thursday it has made its first investment -- in Halifax-based DeNova.

The early-stage venture capital fund, which is managed by women and targets female-led companies, is launching this year and has said its goal is to launch with $20 million under management. It did not reveal the amount it is investing in the clean biotech company DeNova.

The Halifax-based company removes greenhouse gases from the atmosphere, using them in a process that results in protein that can be utilized in aquaculture or agriculture. As


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