Evolve Biosystems: Evolve BioSystems to use $65 million financing round to raise awareness of infant gut deficiency

Davis-based infant nutrition company Evolve BioSystems Inc. this week closed a $65 million round of funding that will allow it to expand commercialization of its products, hire more employees, market its products, raise awareness of infant gut deficiency problems and to create new forms of its products, CEO Timothy Brown told the Business Journal.