UK

[Funding alert] Germany-based Synthetic Biology Startup Cambrium Secures €8M in Seed Funding

Nov 1, 2023 | By Startup Rise EU

Germany-based synthetic biology startup Cambrium secures €8M in seed funding. This round was led by Essential Capital, along with SNR, Valor Equity Partners, and HOF Capital.
Team - Cambrium

Germany-based synthetic biology startup Cambrium secures €8M in seed funding. This round was led by Essential Capital, along with SNR, Valor Equity Partners, and HOF Capital.

The company intends to use the funds to scale up its manufacturing and commercial operations so that NovaCollTM can entirely substitute conventional collagen extracted from animals, translating the product's early triumphs into long-lasting effects.

Read also - Latvia-based SpirulinaNord Secures €600K in Funding

Additionally, the money will speed up the company's product pipeline, resulting in the launch of molecules for new industries and applications within the next two years.

RECOMMENDED FOR YOU

recomd
Funding
[Funding alert] Hospitality HRtech Startup Slinger Secures £500K in Pre-Seed Funding
Startup Rise EU
Oct 19, 2023
recomd
Funding
[Funding alert] Dutch Startup HULO.ai Raises €800k in Funding
Startup Rise EU
Dec 1, 2023
recomd
Funding
[Funding alert] Stockholm-based Alrik Secures €1Million in Seed Funding
Startup Rise EU
Apr 3, 2024

Under the leadership of CEO Mitchell Duffy, Cambrium creates, scales, and produces innovative molecular building blocks for uses in fashion, personal hygiene, and other fields.

Read also - Lithuania-based Green Energy Company Green Genius Secures €6.9M in Funding

Converging advances in artificial intelligence, automation, and synthetic biology enable its platform, enabling the creation of novel biomolecules for the aforementioned consumer applications.

About Cambrium

Cambrium's goal is to use the molecular building blocks of biology to spark the next generation of material innovation. They firmly think that the most significant manufacturing technology of the twenty-first century is biology, because it can combine environmental and economic incentives.

They develop new material building blocks with previously unattainable functionality using their molecular design technology. Their molecules give entrepreneurs the ability to produce goods that benefit both people and the environment.

Read also - Chasse sur Rhône-based Recyc’ELIT Raises €3.2M in Funding

Their mission to develop materials that matter unites their highly interdisciplinary team of scientists, engineers, designers, and entrepreneurs. Their mission is to reimagine materials at the molecular level and to unleash the potential of biology. They are intrepid, energetic, and purpose-driven.

Recommended Stories for You

story
Funding

[Funding alert] Japanese VC NordicNinja Secures €200 million Fund to back European Startup

Startup Rise EU Sep 25, 2023

story
Funding

[Funding alert] Swedish fintech Startup Brite Payments Raises $60M in Funding

Startup Rise EU Oct 4, 2023

story
Ireland

Dublin-based Allegion plc Acquired Boss Door Controls

Startup Rise EU Feb 5, 2024

story
Funding

[Funding alert] Oxford-based MeVitae Raises €1.7 Million in Seed Funding

Startup Rise EU Feb 16, 2024

story
Funding

[Funding alert] Paris-based Pivot Secures €20 Million in Funding

Startup Rise EU Dec 13, 2023

story
Recent Articles

[Funding alert] Düsseldorf-based Getpaid Secures €5.7 million in Seed Funding

Startup Rise EU Oct 5, 2023