Under the patronage of H.E. Bandar Ibrahim Alkhorayef, Minister of Industry and Mineral Resources, SEQUENCIVE announces that its sustainability portfolio company PHYLA has been awarded a SAR 2 million grant through the Innovative Factories Initiative.

The recognition was received by Mohammed AlMadhi, Chief Executive Officer, and Maryah AlOufi, Co-Founder, highlighting PHYLA’s role in advancing industrial biotechnology solutions that enable the production of sustainable alternative protein and the conversion of organic waste into high-value products.

This grant reflects growing confidence in innovative industrial technologies that support circular economy development, strengthen food security, and accelerate sustainable manufacturing in the Kingdom.

The milestone reinforces SEQUENCIVE’s commitment to supporting its sustainability portfolio companies that transform complex environmental challenges into scalable industrial solutions with sustainable economic impact.