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Foray Bioscience Raises $3M Seed Financing

2024-06-25
CAMBRIDGE, MA, Foray Bioscience, a startup sowing the seeds for plantless plant products, today announced it has raised $3 million in seed funding, led by ReGen Ventures.
Additional investors include The Engine Ventures, Susquehanna Sustainable Investments, Understorey Ventures, Superorganism, and others. The seed capital follows a pre-seed round and brings the company's total funding to $3.875 million. Foray will deploy the funds to expand its predictive plant cell culture platform, launch product development engagements with select partners, and expand its Boston-based team.

Foray deploys plant-based biomanufacturing to protect and restore natural ecosystems. The company's database-driven platform makes plant cell culture accessible across applications, delivering harvest-free molecules, materials, and seeds. Foray grows bio-better, plant-based products at up to 100x production speeds, fostering supply chain resilience and enduring access to critical resources.
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