Capra Biosciences announced it raised $3.4 Million in an initial filing from an offering of $5 Million
Capra Biosciences announced it raised $3.4 Million in an initial filing from an offering of $5 Million
12/12/23, 3:31 PM
Location
Money raised
$3.4 million
Industry
biotechnology
Round Type
seed
Company Info
Location
11100 endeavor ct unit 149
manassas, virginia, united states
Additional Info
Capra Biosciences is developing a new technology that will make the manufacturing of chemicals using biology cost-competitive with petroleum-based products. Significant advances in synthetic biology have been made over the past 20 years, enabling a multitude of products with lower environmental impact and potentially better performance than their petrochemical counterparts. However, cost-competitive large-scale manufacturing of these products remains a significant bottleneck to their adaptation. Our technology tackles this bottleneck through an innovative bioreactor design that promises to significantly reduce end-to-end manufacturing costs.