Fermeate raises $2m seed round for fermentation control
Newfund Capital, SOSV, Ajinomoto Group Ventures and other backers participated in the financing.
Fermeate raised $2 million in seed financing on April 28. Participants included Newfund Capital, SOSV, Ajinomoto Group Ventures, Ki Tua Fund, Heuristic Capital Partners, Momentum Capital, Plug and Play, Tesserakt Ventures and Ag Startup Engine. The company develops optogenetic control for industrial-scale precision fermentation.