Biotech Start-Up Aanika Biosciences Lands Initial $12M Funding For Cutting-Edge Food Tracing Technology

Nov 30, 2021•over 3 years ago

Amount Raised

$12 Million

Brooklyn

Description

Biotech start-up Aanika Biosciences today announced the initial closing of its $12 million Series A round, led by Jon Cholak of Adit Ventures along with existing investors Draper Associates and SOSV. The investment will help scale the company’s food tracing technology platform, advance research and expand its Brooklyn food safety and manufacturing facility to approximately 30,000 square feet.

Company Information

Company

Aanika Biosciences

Location

Brooklyn, New York, United States

About

Aanika Biosciences was co-founded in 2018 by Vishaal Bhuyan after he personally experienced the consequences of ordering fresh, ethically sourced seeds and receiving stale, contaminated products instead. He made it is his mission to create a safer food supply by finding a way to track, trace and authenticate products. Aanika’s customized microbial-based tags help companies gain valuable insights about their supply chains, help their customers make better consumption choices, and create a more sustainable world.

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Biotech Start-Up Aanika Biosciences Lands Initial $12M Funding For Cutting-Edge Food Tracing Technology

Description

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Company Information