Cache DNA, Inc. raised an undisclosed amount in a seed financing round to advance its biomolecule storage technologies
May 07, 2024•over 1 year ago
Round Type
seed
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers