London Biotech Fabricnano Raises $12.5M To Design Artificial Cells Producing Chemicals 100X Faster
06/30/21, 12:25 PM
Location
londonMoney raised
$12.5 million
Cost-efficient and sustainable production of biochemicals and biofuels is a crucial goal for modern biotechnology. The current methods are based on microbial fermentation, which suffers from a mismatch of cellular and engineering objectives, scaling challenges, and much more.
Company Info
Location
london, ontario, canada
Additional Info
Based out of London, FabricNano is a cell-free biomanufacturing company that’s building technology to enable manufacturers to synthesise any material from enzymes sustainably. 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. Talking about the offerings, Aarons says, “FabricNano is focused on changing the material world around us, and we are particularly interested in solving biomanufacturing of commodity chemicals that fermentation struggles to manufacture. By substituting petrochemicals for biochemicals, we believe that biomanufacturing can play an important role in this process and we believe FabricNano are at the forefront of driving this bioindustrial revolution.