iMicrobes Secures $10M Seed Round to Power Sustainable Biomanufacturing

(November 19, 2024) by synbiobeta.

iMicrobes, a pioneering biomanufacturing company, has achieved a significant milestone on sustainable materials with the first close of its seed funding round, amassing over $10 million. This latest investment, led by First Bight Ventures and Universal Materials Incubator Co. (UMI), empowers iMicrobes to accelerate the development of renewable, bio-based chemicals using ethanol and methane. With a focus on scalable bioprocesses, iMicrobes is set to fast-track the transition away from petrochemicals, paving the way for sustainable, high-performance materials to meet growing global demand.

With this investment, iMicrobes is poised to expand its proprietary bioprocesses, which convert renewable feedstocks such as ethanol and methane into high-performance, bio-based chemicals. This approach aligns with the rising demand for sustainable solutions across industries, from chemicals to materials manufacturing.