Tech Company Financing Transactions
Scentian Bio Funding Round
Scentian Bio closed a $2.1 million Seed venture capital round on 9/27/2023. Backers included Finistere Ventures, Toyota Ventures and Icehouse Ventures.
Transaction Overview
Company Name
Announced On
9/27/2023
Transaction Type
Venture Equity
Amount
$2,100,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to grow its team, further the development of its technology platform, and accelerate commercialization plans for its industry-specific solution offerings -- starting with the food industry and then moving into the medical sector and beyond.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
120 Mt Albert Road
Auckland, 1025
NZ
Auckland, 1025
NZ
Phone
Undisclosed
Website
Email Address
Overview
We are harnessing the powerful smell receptors from insects to deliver a sensor technology that will put nature's language at your fingertips. Unravelling the mystery of how insects smell led to a ground-breaking discovery - a panel of synthesized insect odorant receptors could be used to make a device to smell and taste chemical compounds. Scentian Bio was formed to create a novel technology for commercial use in medical, food and industrial settings.
Management Team
Title
Name
Email & Social
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