Boost Biomes, a San Francisco, CA-based developer of microbiome-based products, closed a $2.05M seed funding round.
The round was led by Nimble Ventures and Viking Global Investors with participation from Tencent.
The company intends to use the funds to develop microbiome-based products.
Co-founded by biotechnology veterans Rob McBride, Jamie Bacher and Adam Arkin, Boost Biomes leverages a proprietary DNA sequencing-based discovery platform to identify commercially viable microbial products. The team’s initial focus is in agriculture.
Its first two products are focused on improving yield in the field and reducing spoilage after harvest, and are being evaluated in commercially relevant trials.
Boost Biomes is a graduate of Illumina Accelerator and is currently a resident company at Johnson & Johnson Innovation, JLABS (JLABS @ SSF) in South San Francisco and Western Growers Center for Innovation & Technology in Salinas, California.
FinSMEs
27/02/2018