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Finance

Finance

SNIPR Biome receives up to €20 million European backing to advance therapies AMR

December 10, 2024 Microbiome Times

Danish biotech SNIPR Biome will get up to €20 venture debt from the European Investment Bank (EIB) to step up Europe’s fight against antimicrobial resistance to medicines. The company will use the EIB credit to […]

Finance

UCalgary startup Taylored Biotherapeutics to commercialize psychobiotic therapies

December 2, 2024 Microbiome Times

Taylored Biotherapeutics, founded by UCalgary’s Dr. Valerie Taylor, MD, PhD, and supported by Chief Operating Officer Asem Bala, has achieved a significant milestone by securing a $100,000 grant from the Ontario Brain Institute (OBI). This award, part of OBI’s highly competitive Neurotech […]

Finance

Cmbio: A New Brand Unifying Global Leaders in Microbiome and Metabolomics Science

November 19, 2024 Microbiome Times

Today marks the launch of Cmbio, a new brand that brings together Clinical Microbiomics (Europe), CosmosID (North America), MS-Omics (Europe), DNASense (Europe), and Microba’s Research Services Unit (Australia and Asia) under one identity. United under […]

Finance

Freya Biosciences Announces $10.4 Million Strategic Investment from the Bill & Melinda Gates Foundation

November 19, 2024 Microbiome Times

The new investment extends Series A investment to about $50 million Freya Biosciences, a transatlantic biotech company specializing in women’s health, today announces a $10.4 million strategic investment from the Bill & Melinda Gates Foundation […]

Finance

Lesaffre acquires Altar, an Adaptive Laboratory Evolution start-up from Ginkgo Bioworks

October 7, 2024 Microbiome Times

Lesaffre, a key global player in the field of fermentation and microorganisms, announces the acquisition of Altar, a French start-up specializing in Adaptive Laboratory Evolution (ALE). Created in 2017, Altar will complement Lesaffre’s existing know-how […]

Finance

dsm-firmenich completes the sale of yeast extract business to Lesaffre

October 2, 2024 Microbiome Times

dsm-firmenich, innovators in nutrition, health and beauty, today announces the completion of the sale of its yeast extract business to Lesaffre, a global player in fermentation and microorganisms. The sale of the yeast extract business […]

Finance

Ostia Sciences Inc. Secures Seed Investment, Finalizes IP and Prepares Microbiome Technology Prototype 

October 2, 2024 Microbiome Times

Ostia Sciences Inc., a spinout from the University of Toronto specializing in oral and respiratory microbiome solutions, has successfully raised over CAD $1 million in its seed round and secured full intellectual property (IP) transfer […]

Finance

Florey Biosciences spins out of Harvard Wyss Institute to develop a medical food aimed at managing impacts of antibiotic use

October 1, 2024 Microbiome Times

 Florey Biosciences, a synthetic biology company spun out of the Wyss Institute for Biologically Inspired Engineering at Harvard University, today announced that it has secured pre-seed funding and is unveiling its lead program, a probiotic […]

Finance

Abolis Biotechnologies Secures €35M to Accelerate R&D in Innovative Biomanufacturing & Microbiome Solutions

September 19, 2024 Microbiome Times

Abolis Biotechnologies, a company specializing in industrial solutions using microorganisms, announced the closing of a €35 million financing round led by an international consortium of investors. This funding will fuel the company’s expansion into global […]

Finance

32 Biosciences Emerges from Stealth Mode with New Approach to Gut Microbiome Medicine

September 13, 2024 Microbiome Times

32 Biosciences, pronounced “Three Squared Biosciences,” announces its emergence from stealth mode, with new microbiome diagnostic management tools and microbiome-based interventions. The company intends to revolutionize healthcare with its novel approach to gut microbiome medicine. […]

Finance

Viome Raises $25M To Launch Diagnostic Division

September 11, 2024 Microbiome Times

Viome, a pioneer in microbiome health science and personalized health solutions, today announced a $25 million internal Series D with participation from Khosla Ventures, Bold Capital WRG Ventures, Marc Benioff, and more. This continued support from existing backers […]

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