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Capra Biosciences announced it raised $3.4 Million in an initial filing from an offering of $5 Million

Dec 12, 2023about 2 years ago

Amount Raised

$3.4 Million

Round Type

seed

ManassasBiotechnology

Company Information

Company

Capra Biosciences

Location

11100 ENDEAVOR CT UNIT 149

Manassas, Virginia, United States

About

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.

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