On Jun 30, 2021 FabricNano closed a Series A round and raised $12,500,000 from Atomico, BACKED VC, BoxOne Ventures, Entrepreneur First, Hoxton Ventures and a number of angel investors, including actress Emma Watson, Biz Stone (Twitter co-founder), Arvind Gupta (IndieBio founder and Mayfield partner), Alexander Moscho (former CEO Bayer), Michael Stoppelman (former Yelp SVP Engineering), Tania Boler (Elvie founder), and Vijay Pandurangan (former Twitter NY engineering site lead). The round was led by Atomico, and as part of this round, Atomico Partner Siraj Khaliq will join FabricNano’s board.
About the company: FabricNano is located in London, the United Kingdom. Founded in 2018 through the Entrepreneur First Program by Grant Aarons and Ferdinando Randisi, FabricNano is on a mission to replace all fermented and petrochemical products in the world with biomanufactured alternatives. The British startup has created a DNA-based flow reactor to produce biochemicals by engineering enzymes to bind directly to DNA, providing deeper flexibility. “Powered by DNA nanotechnology, FabricNano has the expertise to fine-tune enzyme performance and produce biochemicals. ”
Company website: fabricnano.com