Cauldron Ferm raised $6.25M in a Series A funding led by Horizons Ventures to build a large-scale facility for precision fermentation.
Amount Raised
$6.25 Million
Round Type
Series A
BorenoreManufacturingBiotechnologyFood and BeverageAgriculture and FarmingInvestors
Description
Cauldron Ferm, an Australian hyper-fermentation company, has secured AU$9.5M ($6.25M) in Series A funding. The funding was led by Horizons Ventures, with participation from existing investor Main Sequence, alongside SOSV and In-Q-Tel (IQT). The investment will enable Cauldron Ferm to support faster-than-expected customer growth, build robust proof cases around the application of its hyper-fermentation technology, and finalize partners and plans for a 500,000-litre facility.
Quick answer
Cauldron raised $6.25 Million in a Series A round, dated March 20, 2024. Investors: In Q Tel, Sosv, Main Sequence and Horizons Ventures. Cauldron is based in Borenore, New South Wales, Australia.
- How much did Cauldron raise?
- Cauldron raised $6.25 Million in a Series A round on March 20, 2024.
- Who invested in Cauldron?
- In Q Tel, Sosv, Main Sequence and Horizons Ventures are named as investors in this round.
- What does Cauldron do?
- Cauldron Ferm is an Australian hyper-fermentation company that specializes in precision fermentation technology to manufacture high-value ingredients in a more efficient and cost-effective manner.
- Where is Cauldron based and how big is it?
- Cauldron is based in Borenore, New South Wales, Australia.
- Who are the decision-makers at Cauldron?
- Fundz holds 2 contacts at Cauldron, including the Chief Technology Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food and Beverage and Agriculture and Farming around the same time
Companies in the same sectors as Cauldron that raised within 45 days of this round, from Fundz verified event records.
- Endovia Health Sciences, Inc. raised $1.9M (Seed) on May 1, 2024.
- 22nd Century raised $4.2M (Seed) on April 8, 2024.
- Aardvark Therapeutics raised $85M on May 1, 2024.
- Integrity Orthopaedics raised $21M (Series B) on May 1, 2024.
- Liberate Medical raised $6.5M (Grant) on April 30, 2024.
- Yoneda Labs raised $4M (Seed) on April 26, 2024.
Who to call at Cauldron, and when
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Funding Insights
What this usually meansCauldron raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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