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Venture Capital News: ZymoChem Closes $21M Series A Round

2024-01-16
SAN LEANDRO, CA, ZymoChem, creators of the world's most carbon-efficient bio-manufacturing platform, closed a $21 million Series A round.
The investment is led by Breakout Ventures with participation from new investors including lululemon athletica, inc. and Toyota Ventures, and existing investors including GS Futures, KdT Ventures, and Cavallo Ventures. By pairing this financing with existing revenues from commercial partnerships and funding from the U.S. Department of Energy, ZymoChem will launch its first high-performance material and advance its first partnered product to commercial scale.

ZymoChem is breakthrough science for a fossil-free future. ZymoChem envisions a world in which everyday goods are bio-manufactured from 100% renewable materials and designed for a sustainable economy. Through its multi-generational, multi-product patents, ZymoChem's proprietary Carbon Conserving (C2) microbes convert renewable feedstocks into bio-based materials without compromising price, performance, scale, or sustainability, while radically minimizing CO2 loss during production.
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