Industrial Microbes
PrivateLast Round
Seed
Nov 19, 2024
Est. Valuation
$1.71M
Total Funding Raised
$11.52M
Company Overview
Industrial Microbes (also known as iMicrobes) is a biomanufacturing company that develops sustainable materials to replace petrochemicals. Using synthetic biology and precision fermentation, the company has engineered microbes that convert renewable feedstocks, such as methane and ethanol, into high-performance, bio-based chemicals. Its primary products include acrylic acid and acrylonitrile, which are drop-in replacements for materials used in a wide range of products like diapers, coatings, plastics, and carbon fiber. The company's mission is to accelerate the global transition to sustainable materials by offering cost-competitive, net-zero emission solutions that can be integrated into existing supply chains. Founded in 2014, iMicrobes has raised over $10 million in funding and holds numerous patents for its technology.
Sector
Frontier & Industrial Tech
Verticals
Biotechnology, Sustainable Materials, Clean Manufacturing
Business Model
B2B
Customer Profile
Services & Consulting, Revenue Share, Government Contracts
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Industrial Microbes Comps
Public and private peers based on sector, stage, and business model.
Industrial Microbes Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Nov 19, 2024 | ||||
| Grant | Oct 1, 2019 | ||||
| Grant | Apr 5, 2017 | ||||
| Grant | Sep 1, 2015 | ||||
| Accelerator | Mar 16, 2015 |
Key People
Founding team and executive leadership
Industrial Microbes Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Y Combinator | Accelerator |
| First Bight Ventures | Seed |
Industrial Microbes Filings
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| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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