Seed · Biotech

Imperagen raises £5m seed round for enzyme engineering

PXN Ventures, IQ Capital and other participants backed computational enzyme design.

Imperagen raised £5 million in seed financing on May 21. Named participants included PXN Ventures, IQ Capital, Northern Gritstone, NPIF II–PXN Equity Finance, GMC Life Sciences Fund by PXN Ventures, Enterprise Cheshire + Warrington and Greater Manchester Combined Authority.

The company uses quantum-physics simulation and AI to engineer enzymes for pharmaceutical and industrial markets.

Funding history

Seed · This round£5M

Sources

  1. Imperagenprojectstartups.com
  2. businesswire.com