Tech Company Financing Transactions

DMC Bio Funding Round

DMC Bio, based in Boulder, raised $10.3 million from Sofinnova Ventures, Breakthrough Energy Ventures and Capricorn Venture Partners.

Transaction Overview

Company Name
DMC Bio
Announced On
7/15/2019
Transaction Type
Venture Equity
Amount
$10,300,000
Round
Series A
Investors

Sofinnova Ventures (Lead Investor) (Josko Bobanovic)

Breakthrough Energy Ventures (Carmichael Roberts)

Capricorn Venture Partners (Robert van der Meij)

Proceeds Purpose
With this funding, DMC plans to recruit additional top talent in senior management, metabolic engineering, and fermentation for locations in Boulder, CO and Durham NC as it advances its first products to commercial scale.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
2477 55th St. 120
Boulder, CO 80303
USA
Phone
Undisclosed
Website
www.dmcbio.com
Email Address
Not Recorded
Overview
DMC is leading the low cost sustainable transformation of multiple product markets. Our novel, patent-pending technology for rapid engineering of robust microbial hosts enables the production of a broad diversity of specialty chemicals, flavors, fragrances, neutracueticals, natural products, pharmaceuticals, and APIs.
Profile
DMC Bio LinkedIn Company Profile
Social Media
DMC Bio Company Twitter Account
Company News
DMC Bio News
Facebook
DMC Bio on Facebook
YouTube
DMC Bio on YouTube

Management Team

Title
Name
Email & Social
Chairman
Carolyn Fritz
  Carolyn Fritz LinkedIn Profile  Carolyn Fritz Twitter Account  Carolyn Fritz News  Carolyn Fritz on Facebook
Chief Executive Officer
Matthew Lipscomb
  Matthew Lipscomb LinkedIn Profile  Matthew Lipscomb Twitter Account  Matthew Lipscomb News  Matthew Lipscomb on Facebook
Chief Technical Officer
Michael Lynch
  Michael Lynch LinkedIn Profile  Michael Lynch Twitter Account  Michael Lynch News  Michael Lynch on Facebook

 

 

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