Tech Company Financing Transactions
Pow.Bio Funding Round
On 10/7/2023, Pow.Bio secured $9.5 million in Series A funding from Gullspang Refood, Hitachi Ventures and Thia Ventures.
Transaction Overview
Company Name
Announced On
10/7/2023
Transaction Type
Venture Equity
Amount
$9,500,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations with a demonstration plant in Alameda, California, that can deploy their intelligent continuous platform at scale.
Company Information
Company Status
Private & Independent
Industry
AdTech
Mailing Address
2865 Seventh Street
Berkeley, CA 94710
USA
Berkeley, CA 94710
USA
Phone
Undisclosed
Website
Email Address
Overview
Developer of intelligent fermentation technology designed to solve the capacity problem. The company offers to combine continuous fermentation with advanced control methodology to quickly optimize the fermentation process, enabling scientists to create a product to achieve cost advantages and disrupt their non-sustainable incumbent competition.
Management Team
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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