Updated

USA – Prolific Machines, California based biotech startup, has secured US$55M in the initial close of its Series B funding round to advance its photomolecular platform.
This innovative platform is the product of a pioneering technology that leverages light to synthesize novel proteins at reduced costs.
The company’s technology draws inspiration from optogenetics, a field that combines genetic and optical methods to control cellular activities with light.
This funding round was spearheaded by Fonterra’s venture capital arm, The Ki Tua Fund, with participation from Breakthrough Energy Ventures, Mayfield, SOSV, Shorewind Capital, Darco Capital, Conti Ventures, In-Q-Tel (IQT), and several other investors.
With this recent influx, Prolific Machines has accumulated US$86.5M in total funding, progressing towards its goal of raising a full Series B round of US$170M.
Notably, the company’s previous funding round in 2022 saw investments from high-profile individuals like Shark Tank’s Mark Cuban and model-actress Emily Ratajkowski.
Established in 2020, Prolific Machines has developed a unique photomolecular biology platform that uses light to grow and manipulate cells, aiming to revolutionize production in the food and pharmaceutical industries.
The company plans to use the Series B1 funds to commercialize its technology through strategic industry partnerships.
“Photomolecular biology utilizes light and artificial intelligence to precisely control and optimize cellular functions, enabling more efficient production of superior bioproducts for diverse applications ranging from food to pharmaceuticals,” explained co-founder and CEO Deniz Kent to Green Queen.
Kent emphasized the company’s vision to harness light, an abundant resource, to achieve superior control over biological processes.
This control, he asserts, is essential for producing higher quality products at lower costs.
“Prolific Machines employs light to produce everyday essentials more efficiently, including food, lifesaving medications, and innovative biosolutions,” Kent elaborated.
Liked this article? Subscribe to Food Business Africa News, our regular email newsletters with the latest news insights from Africa and the World’s food and agro industry. HERE
No related posts.
We use cookies to improve your experience on our site. By using our site, you consent to cookies.
Manage your cookie preferences below:
Essential cookies enable basic functions and are necessary for the proper function of the website.
These cookies are needed for adding comments on this website.
Google's current Sign in with Google client library. It renders the Google sign-in button, or the One Tap prompt, so visitors can log in to your site with their Google account. It replaces the older Google Sign-In platform library.
Service URL: policies.google.com (opens in a new window)
Google Tag Manager simplifies the management of marketing tags on your website without code changes.
Statistics cookies collect information anonymously. This information helps us understand how visitors use our website.
Google Analytics is a powerful tool that tracks and analyzes website traffic for informed marketing decisions.
Service URL: policies.google.com (opens in a new window)
WPMU DEV Analytics is the visitor statistics feature of the WPMU DEV Dashboard plugin. It reports traffic and visitor behavior inside The Hub using a Matomo analytics instance hosted by WPMU DEV.
Service URL: wpmudev.com (opens in a new window)
Marketing cookies are used to follow visitors to websites. The intention is to show ads that are relevant and engaging to the individual user.
AddToAny provides share and follow buttons that let visitors post your pages to social networks, messaging apps, and bookmarking services.
Service URL: www.addtoany.com (opens in a new window)
