G-Stockstudio (Canva)

Innovation in Bloom: Cambrium’s €8 Million Seed to Sow Sustainable Molecules

Seed financing will drive commercial growth for Cambrium’s first product, NovaColl™, and accelerate expansion into new industries
DeSci - Decentralized Science
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October 31, 2023

Cambrium, a synthetic biology startup based in the German capital, announced today that it has secured €8 million in seed financing. The funding round was led by Essential Capital and saw participation from SNR, Valor Equity Partners, and HOF Capital.

The firm stands at the intersection of biology and machine learning, crafting novel molecules that offer unprecedented functionalities. By creating a new generation of sustainable and high-performing molecules, Cambrium aims to shift the current dependency on toxic petrochemicals and controversial animal ingredients that dominate many consumer products. This venture not only reshapes the raw material landscape but also empowers brands to realize innovative product visions, spanning areas from skincare to apparel and footwear.

Earlier this year, the company made headlines with the successful debut of its unique molecular ingredient, NovaColl™. This innovation stands out as the market's sole micro-molecular and completely skin-identical collagen, specially designed to enhance skincare efficacy.

The newly raised capital is poised to amplify the early triumphs of NovaColl™. As outlined by the company, the funds will bolster manufacturing and commercial endeavors, aiming for the comprehensive substitution of traditional animal-derived collagen. Additionally, the infusion of funds is set to expedite Cambrium's product development trajectory, with the promise of launching molecules tailored for new sectors within the forthcoming two years.

Drawing inspiration from a seminal event in Earth's evolutionary timeline, Cambrium's future-forward vision finds its roots in our biological heritage. The Cambrian explosion, which occurred roughly 500 million years ago, was a transformative event where increased atmospheric oxygen levels catalyzed the evolution of complex molecules, birthing the diverse array of life forms we witness today. Mitchell Duffy, Cambrium's CEO, sees parallels in the company's work, envisioning a molecular renaissance across various sectors, marked by materials that meld superior performance with eco-friendliness.

“We founded Cambrium to accelerate past nature’s innovation cycle, for novel molecules that can quickly scale to material impact,” Mr. Duffy remarked. “I'm proud that we have been able to generate meaningful revenue with a bioindustrial ingredient at such an early, pre-seed stage, and that we’ve won support from the right investors for our next stage of growth.”

The company's platform, a fusion of AI, automation, and synthetic biology, facilitates the speedy creation of cutting-edge biomolecules tailored for consumer use. This data-intensive, automated methodology allowed Cambrium to commercialize its inaugural molecule in a mere two-year window.

Ron Zori of Essential Capital, which spearheaded the funding round, commented on the synthesis of AI and synthetic biology, saying, "The marriage of synthetic biology and AI is rewriting the playbook for molecular innovation. Cambrium is leading the way in this broader shift to reinvent the building blocks of industry, one molecule at a time. We believe their computational biology platform, as demonstrated by the rapid development and launch of NovaColl™, has the ability to repeatedly translate scientific innovation into high-performance, sustainable molecules supporting a variety of sectors, and we’re thrilled to be part of this journey."

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Innovation in Bloom: Cambrium’s €8 Million Seed to Sow Sustainable Molecules

by
October 31, 2023
G-Stockstudio (Canva)

Innovation in Bloom: Cambrium’s €8 Million Seed to Sow Sustainable Molecules

Seed financing will drive commercial growth for Cambrium’s first product, NovaColl™, and accelerate expansion into new industries
by
October 31, 2023
G-Stockstudio (Canva)

Cambrium, a synthetic biology startup based in the German capital, announced today that it has secured €8 million in seed financing. The funding round was led by Essential Capital and saw participation from SNR, Valor Equity Partners, and HOF Capital.

The firm stands at the intersection of biology and machine learning, crafting novel molecules that offer unprecedented functionalities. By creating a new generation of sustainable and high-performing molecules, Cambrium aims to shift the current dependency on toxic petrochemicals and controversial animal ingredients that dominate many consumer products. This venture not only reshapes the raw material landscape but also empowers brands to realize innovative product visions, spanning areas from skincare to apparel and footwear.

Earlier this year, the company made headlines with the successful debut of its unique molecular ingredient, NovaColl™. This innovation stands out as the market's sole micro-molecular and completely skin-identical collagen, specially designed to enhance skincare efficacy.

The newly raised capital is poised to amplify the early triumphs of NovaColl™. As outlined by the company, the funds will bolster manufacturing and commercial endeavors, aiming for the comprehensive substitution of traditional animal-derived collagen. Additionally, the infusion of funds is set to expedite Cambrium's product development trajectory, with the promise of launching molecules tailored for new sectors within the forthcoming two years.

Drawing inspiration from a seminal event in Earth's evolutionary timeline, Cambrium's future-forward vision finds its roots in our biological heritage. The Cambrian explosion, which occurred roughly 500 million years ago, was a transformative event where increased atmospheric oxygen levels catalyzed the evolution of complex molecules, birthing the diverse array of life forms we witness today. Mitchell Duffy, Cambrium's CEO, sees parallels in the company's work, envisioning a molecular renaissance across various sectors, marked by materials that meld superior performance with eco-friendliness.

“We founded Cambrium to accelerate past nature’s innovation cycle, for novel molecules that can quickly scale to material impact,” Mr. Duffy remarked. “I'm proud that we have been able to generate meaningful revenue with a bioindustrial ingredient at such an early, pre-seed stage, and that we’ve won support from the right investors for our next stage of growth.”

The company's platform, a fusion of AI, automation, and synthetic biology, facilitates the speedy creation of cutting-edge biomolecules tailored for consumer use. This data-intensive, automated methodology allowed Cambrium to commercialize its inaugural molecule in a mere two-year window.

Ron Zori of Essential Capital, which spearheaded the funding round, commented on the synthesis of AI and synthetic biology, saying, "The marriage of synthetic biology and AI is rewriting the playbook for molecular innovation. Cambrium is leading the way in this broader shift to reinvent the building blocks of industry, one molecule at a time. We believe their computational biology platform, as demonstrated by the rapid development and launch of NovaColl™, has the ability to repeatedly translate scientific innovation into high-performance, sustainable molecules supporting a variety of sectors, and we’re thrilled to be part of this journey."

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