Cascade Bio secures $6M to scale breakthrough biocatalysts
Cascade Bio, a 抖阴传媒在线 spinout enabling enzyme-based processes, has secured $6 million to accelerate the shift from petrochemicals to biomanufacturing. The funding includes $3.2 million in non-dilutive funding from the U.S. National Science Foundation (NSF). With this investment, Cascade will expand delivery of its breakthrough biocatalysts.
Business Wire: Cascade Bio Secures $6M
The funding includes a $2.8M seed round led by Endurance28 with participation from Stray Dog Capital, 1Flourish, Range Ventures, 10VC, and Amplify plus $3.2M in nondilutive funding from the U.S. National Science Foundation (NSF) through the Advancing Cell-Free Systems Toward Increased Range of Use-Inspired Applications (NSF CFIRE) initiative and an SBIR Phase II award.
The University of Colorado Connection
Cascade Bio鈥檚 proprietary enzyme immobilization technology, dubbed 鈥淏ody Armor,鈥 acts as a cushion for the enzyme, enabling it to last longer, withstand more challenging conditions, and work across a wider operating window than other cell-free solutions. The technology was invented by co-founder 听while a graduate student in the CU 抖阴传媒在线 laboratories of 听(CU 抖阴传媒在线 Chemical and Biological Engineering) and 听(CU 抖阴传媒在线 Chemical and Biological Engineering).听
The Newsroom
For marketing and communication inquiries or news tips, contact Daniel Leonard,听senior marketing and communications specialist for Venture Partners at CU 抖阴传媒在线.
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