Evonetix brings together the talents of an astonishing group of scientists and engineers, across biology, physics, electronics, chemistry, software and mechanics; all with the same mission, to unlock the capabilities of semiconductor technology for the world of synthetic biology. In 40 year career as an entrepreneur and venture capitalist, Hermann has helped start a number of technology companies, including Acorn Computers and its spin-out ARM, as well as Cambridge Silicon Radio and next-generation DNA sequencing technology company Solexa, which became the market leader and was later acquired by Illumina. Evonetixs proprietary synthesis process utilises a novel silicon chip, to control the synthesis of DNA at many thousands of independent thermally controlled reaction sites, or pixels, and their assembly into highly accurate long DNA on the chip surface through the companys patented Binary Assembly process. Matthew Hayes is the Chief Technology Officer of Evonetix, and was a founder member of the team that created the company in 2015. Matt holds a Masters degree in Mechanical Engineering from the University of Durham and is a Chartered Member of the Institution of Mechanical Engineers. you agree to our privacy policy. Log in Subscribe Evonetix Raises $24M in Extended Series B Funding Round . Trevor has a BSc in Computer Programming and Chemistry from Anglia Ruskin University. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Civilization Ventures is a venture capital firm focused on cutting edge innovations in exponential health tech and biology that address key opportunities in rapidly growing markets. CAMBRIDGE, England, February 07, 2023--EVONETIX LTD ('Evonetix'), the synthetic biology company bringing semiconductor technology to DNA synthesis, today announced it has completed a USD $24 . Malcolm was previously Group Finance Director at Cambridge Cognition, an AIM listed public company specialising in brain health, for six years. Before these roles, Malcolm had over 15 years experience in professional services with PwC. Mammen joined Cambridge Consultants as Chief Financial Officer in 2005. The current model for DNA synthesis cant deliver on the future demand for DNA. He has delivered commercial success in numerous leadership positions, including Vice President and General Manager and Vice President of Sales at Thermo Fisher Scientific, Vice President and Head of European Sales at Life Technologies and National Sales Manager at Qiagen. Investment opportunities posted on this website are "private placements" of securities that are not publicly traded, are subject to holding period requirements, and are intended for investors who do not need a liquid investment. CBI websites generally use certain cookies to enable better interactions with our sites and services. Prof Klenerman co-developed next-generation DNA sequencing methods that were subsequently commercialised by Solexa (now Illumina), which he also co-founded. Prior to that, Raquel was a post-doctoral researcher in the Department of Chemical Engineering and Biotechnology, University of Cambridge, in the area of cancer gene therapy. 13 categories used by Evonetix mentioned earlier on this page. are working at Evonetix. Prior to this, Mammen was an Executive Director and Regional Finance Director for the Asian business operations of Arthur D Little. Check the background of this firm on FINRAs BrokerCheck. Raquel Sanches-Kuiper was appointed Director of Biology of Evonetix in February 2017. This investment will support us as we execute on our commercial strategy to put benchtop gene synthesis in the hands of users. Michael Daniels joined Evonetix in March 2021 and brings over 20 years experience of marketing, product management and business development across the biotechnology sector. September 09, 2020 08:00 AM Eastern Daylight Time. Jim Tananbaum is the founder and chief executive officer of Foresite Capital, a U.S.-focused healthcare investment firm founded in 2011 that has $3 billion in assets under management. A major contributor to the global technology and growth agendas . Invest in or value your shares in one or many pre-IPO companies through an EquityZen investment vehicle. In 40 year career as an entrepreneur and venture capitalist, Hermann has helped start a number of technology companies, including Acorn Computers and its spin-out ARM, as well as Cambridge Silicon Radio and next-generation DNA sequencing technology company Solexa, which became the market leader and was later acquired by Illumina. For more than 50 years, Cambridge Consultants has led the way in innovative product development and not only been the development partner of choice to many of the worlds leading blue chips, but has also founded an array of ambitious start-up companies. DNA Script is a biotech start-up that manufactures de novo synthetic nucleic acids using an enzymatic technology. He has also held board positions at Psynova Neurotech, Bioscale and Enigma Diagnostics. Investors must be able to afford the loss of their entire investment. Raquel holds a PhD in Molecular and Cell Biology from the Faculty of Medicine, University of Auvergne and a MSci in Biochemistry from the Faculty of Sciences, University of Lisbon. and Our desktop DNA synthesis platform . Jason Pontin is a Partner at DCVC, where his belief that emerging technologies and new scientific insights can solve urgent challenges and expand human possibilities inspires his investments in Deep Tech and life sciences companies. Operator of a biotechnology company intended to synthesize DNA at higher accuracy and scale. mod tempor incididunt ut labore et dolore magna aliqua. The technical storage or access that is used exclusively for statistical purposes. What challenge does Zaptic solve? He works with some of Cambridge Consultants largest clients, helping them maximise the value of innovation. Trevor Joined Evonetix as COO in January 2023 with over 23 years experience in the semiconductor industry. Companies involved in the capture, sequencing, and/or analysis of genomic, transcriptomic, proteomic, and/or metabolomic data. Oversubscribed round led by Foresite Capital; Funding will enable development of DNA synthesis chip technology to commercial scale; EVONETIX LTD ('Evonetix'), the synthetic biology company bringing semiconductor technology to DNA synthesis, today announced it has completed a USD $24 million financing round, extending its total series B funding to over USD $54 million (circa GB 44 million). He primarily operated from a base in Singapore. February 7, 2023 10:51 PM UTC. March 02, 2020 02:00 AM Eastern Standard Time. In 2004, he was appointed a member of the Government Council for Science & Technology. The official website of Evonetix is evonetix.com Use Slintel to connect with top decision-makers at Evonetix Ltd. He has written for a range of publications including a column for the New York Times and articles for many other newspapers and magazines like The Economist, The Financial Times, The Boston Globe and The Believer. -0.43%. He holds a masters degree in electronic systems engineering from the University of York and is a Fellow of the Institution of Engineering and Technology. Instead, shift your stock portfolio . Malcolm is a Fellow Chartered Accountant (FCA) of the Institute of Chartered Accountants in England and Wales and has an MA in Geography from the University of Cambridge. Trevor has a BSc in Computer Programming and Chemistry from Anglia Ruskin University. lorna.cuddon@zymecommunications.com, https://www.businesswire.com/news/home/20220816005493/en/. Evonetix has raised $24 million to develop technology that assembles long strands of DNA on silicon chips using phosphoramidite chemistry. The current model for DNA synthesis cant deliver on the future demand for DNA. . The investment round was led by London VC Molten Ventures that recently backed Evonetix and Hadean , with participation from existing investors. Zyme Communications For specific trademark information, see www.evonetix.com/legal, Today is National #DNA Day! Researchers are invited to apply to receive DNA that has been synthesised using Evonetix's platform. See our privacy policy for more information regarding 6senses The technical storage or access that is used exclusively for statistical purposes. Hermann was awarded an Honorary CBE for innovative service to the UK enterprise sector in 2001. He trained and qualified, in 1986, as a Chartered Accountant with Ernst & Young in London, UK. He trained and qualified, in 1986, as a Chartered Accountant with Ernst & Young in London, UK. The company aims to introduce a biochemical process for DNA and RNA synthesis based on the use of efficient enzymes. and which sectors. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Prior to joining Evonetix he was Senior Vice President and Chief Commercial Officer at Fluidigm Corp, where he was responsible for leading all commercial activities, driving revenue growth, and expanding the Companys global reach. By BioCentury Staff. He primarily operated from a base in Singapore. He was the first investor in DCVC-backed Totus Medicines, where he is a founding board member, and in Menten.AI. Michael Daniels joined Evonetix in March 2021 and brings over 20 years experience of marketing, product management and business development across the biotechnology sector. Evonetix develops a desktop, short-latency solution to synthesize DNA to facilitate the field of synthetic biology, with applications across industries including healthcare, pharma, biotech, food and agriculture, and data storage. and M.A in humanities fields completely unrelated to his investment interests. See our Risk Factors for a more detailed explanation of the risks involved by investing through EquityZens platform. Evonetix's latest funding round is Series B - II. Rising Tide are focused on early-stage but single-mindedly focused on character, commitments and results. All trademarks are the property of Evonetix Ltd. or their respective owners. Cambridge CB1 3LH, Copyright 2023 EvonetixView our Privacy PolicyDesigned & Developed by Identity Creative. Read more, Find prospects by the technologies they use. Hermann holds an MA in Physics from Vienna University and a PhD in Physics from the University of Cambridge. She also acted as a Consultant for projects in collaboration with Genomics England, Technology Development and Applications, and Customer Support. Dr. Vishal Gulati is one of the Europes leading digital healthcare investors. In addition to this, the company will use the investment to develop its no-code platform that will help manufacturers bridge the existing skills gap and digitise daily operations in such a way that it closes the data loop and brings in the use of AI in factories. Building a platform capable of this requires highly parallel, distributed synthesis. By continuing to use this site you are consenting to these choices. Phone: +44 1223 930 300. Malcolm was previously Group Finance Director at Cambridge Cognition, an AIM listed public company specialising in brain health, for six years. Also, check out the jobs and hiring category at Evonetix mentioned earlier on this page to identify Earlier this month, the Cambridge-based company said it has shown feasibility for the proprietary technology, which relies on selectively heating or . Paul specialises in the commercialisation of innovative technology and the impact of technological developments on businesses and society. It not only unlocks measurable improvements in productivity, quality and safety but also enables a smooth transfer of knowledge between the retiring and new generation of workers to improve market resiliency. By combining DNA polymer synthesis technology, electronic nano-switches and semiconductor fabrication technologies, Iridia is developing a highly-parallel format to enable an array of nanomodules with the potential to store data at exceptionally high density. The platform aims to deliver less expensive, higher quality, reduced turn-around-time oligonucleotide synthesis solutions. Microsoft Azure Malcolm is a Fellow Chartered Accountant (FCA) of the Institute of Chartered Accountants in England and Wales and has an MA in Geography from the University of Cambridge. Competitors of Evonetix include Catalog Technologies. Michael holds a PhD in Molecular Genetics and Protein Biochemistry from the Department of Biochemistry and Genetics at the University of Newcastle and has also completed numerous professional qualifications and training in marketing, management, and IP law. Hermann was awarded an Honorary CBE for innovative service to the UK enterprise sector in 2001. At MIT, he founded MIT Solve, the Institutes open innovation platform, which deploys capital and other resources toward solutions to grand challenges; chaired the MIT Enterprise Forum, the Institutes global entrepreneurial community; and was senior advisor to MITs 16th President, Susan Hockfield. Evonetix is ready to meet these challenges and open the door to the exciting next phase of our development., To apply to be included in the early access program, please visit: www.evonetix.com/access, View source version on businesswire.com: https://www.businesswire.com/news/home/20220816005493/en/, Lorna Cuddon Evonetixs DNA synthesis capability brings together patented semiconductor chip design and proprietary, thermally controlled synthesis chemistry, which will be integral to the Companys future gene synthesis platforms. By accessing this site and any pages thereof, you agree to be bound by our Terms of Use.EquityZen and logo are trademarks of EquityZen Inc. Other trademarks are property of their respective owners. 2023 EquityZen Inc. All rights reserved. You can also explore 47 technologies across He joined Cambridge Consultants in 2001, and was responsible for the leadership of many of their largest and most technically challenging projects. Round. Find useful insights on Evonetix's company details, tech stack, news alerts, competitors and more. August 16, 2022 at 05:13 AM EDT. Combined with the Companys patented chemistry, this approach enables the accurate synthesis of thousands of sequences on a single chip to meet the demand for complex libraries and assembly of long DNA, addressing the DNA supply bottleneck in the field of synthetic biology. The company develops a DNA and RNA synthesizer for molecular biology research purposes. Jim Tananbaum is the founder and chief executive officer of Foresite Capital, a U.S.-focused healthcare investment firm founded in 2011 that has $3 billion in assets under management. Matt joined Evonetix in 2019, as Head of Mechanical Engineering, after spending 12 years at Cambridge Consultants. He still writes, mostly for WIRED. Oversubscribed round led by Foresite Capital, Funding will enable development of DNA synthesis chip technology to commercial scale. Roku (NASDAQ: ROKU) stock is trouncing the market so far in 2023, but that rally will soon be tested. Dont let your products get skipped. which sector the company is growing. The company was founded in 2015 and is based in Cambridge, U.K. Promote your product offering to tech buyers. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Evonetix has 10 investors. We are delighted with the huge progress the company has made towards revolutionising the gene synthesis process and look forward to continuing our partnership.". He was the first investor in DCVC-backed Totus Medicines, where he is a founding board member, and in Menten.AI. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Evonetix's latest funding round was a Series B - II for $24M on February 7, 2023. Let's dig . Investors of Evonetix include Cambridge Consultants, Morningside Ventures, Molten Ventures, DCVC, Civilization Ventures and 7 more. Evonetix is included in 4 Expert Collections, including Agriculture Technology (Agtech). Prior to this, Mammen was an Executive Director and Regional Finance Director for the Asian business operations of Arthur D Little. He has written for a range of publications including a column for the New York Times and articles for many other newspapers and magazines like The Economist, The Financial Times, The Boston Globe and The Believer. Molecular Assemblies develops an enzymatic DNA synthesis technology designed to power DNA-based products. Look at Evonetix's recent job hiring categories, identify which sector is rapidly growing, Colin brings over 20 years experience in commercial and business development roles. site you are consenting to these choices. We have designed novelsemiconductor technologycapable of synthesising thousands of independent sequences across the surface of a single chip, re-engineered phosphoramidite chemistryto enable thermal control of the synthesis cycle, developednew ways to assemble DNAinto genes and established novel approaches toenzymatic DNAsynthesis. His interests include understanding the influence of new technologies and how society views their potential impact on human flourishing. We will respond in accordance with the CCPA. He works across a broad range of sectors from telecommunications to consumer products, focusing on the impact of digital platforms to enable new business models. He has also worked in operational and general management roles in both Toronto, Canada and Sydney , Australia. Enzymatic DNA synthesis can write long, pure DNA, which is required to free the potential of synthetic biology applications, such as personalized medicines (including CAR-T cell therapies and CRISPR gene editing) and advanced agricultural and industrial products, through gene development and DNA-based data storage. On our trusted digital marketplace for private companies. In 2012, he became a Fellow of the Royal Society in recognition of his contribution to the translation of science into business, in 2013 a Distinguished Fellow of BCS, the Chartered Institute for IT, and in 2015 an Honorary Knight Commander (KBE) for services to engineering and industry.
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