Direvo Biotech has announced that it has raised €10.5m (US$) in its Series B equity financing. Direvo describes itself as a leading company in screening-based directed evolution, applying its integrated proprietary technologies to the development of better biopharmaceuticals, industrial enzymes, chemical biocatalysts and enzymes for food and feed. The company was established in the year 2000 and collaborates with companies such as Danisco, Novozymes and Evotec OAI.