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Cache DNA, Inc. raised an undisclosed amount in a seed financing round to advance its biomolecule storage technologies

May 07, 2024over 1 year ago

Round Type

seed

San CarlosBiotechnology

Investors

IlluminaTrousdale VenturesPillar VcLife X VenturesHawktailExor VenturesClimate Capital Bio

Description

Cache DNA, Inc. announced the closing of its seed round, raising an undisclosed amount from notable investors, including Climate Capital Bio, Exor Ventures, Hawktail, LifeX Ventures, Pillar VC, and Trousdale Ventures, including support from Illumina and founders such as Alec Nielsen. The funds will help power R&D and support commercial development efforts and key partnerships to bring their solutions to market.

Company Information

Company

Cache DNA

Location

San Carlos, California, United States

About

At Cache, we are on a mission to store the biomolecules of today to unlock the possibilities of tomorrow. We believe that nucleic acids are the new bits of the 21st century, so harnessing the information stored in them will help usher in the future of precision medicine and biological computing. Our vision is to create a scalable, sustainable, and standardized platform for reliable storage and access of biomolecules by combining chemistry, biology, automation, and computational tools.

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Funding Insights

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