Prolific Machines Funding: It Raises $42M in Seed and Series
Prolific Machines, a San Francisco, CA-based biotechnology company, raised $42M in Seed and Series A funding.
Prolific’s first round was closed in late 2020, when SOSV’s IndieBio led their Pre-Seed round. The Seed round was led by Arvind Gupta at Mayfield. The Series A was led by Breakthrough Energy Ventures, with participation from David Adelman, Mark Cuban, The Kraft Group, David Rubenstein, Michael Rubin, Breyer Capital, The SALT Fund, Purple Orange Ventures, Fred Blackford, Jake Poliskin, Baruch Future Ventures, David Adelman, Mark Cuban, The Kraft Group, Kevin Love, Tobias Harris, Meek Mill, Ciara & Russell Wilson, Emily Ratajkowski, Maverick Carter, Sean Feeney, Michael Schulson, Mark Bucher, and RJ Melman.
The company intends to use the funds to continue to expand its development efforts.
Led by CEO Dr. Deniz Kent, Prolific Machines is a biomanufacturing company that initially focuses on cultured meat, cell-agnostic, meaning that it could be applied to myriad of different applications in biotechnology.
Prolific Machines Raises $42M in Seed and Series A Funding. Congratulations to the entire team. I wish you great success in this endeavour.Shishir Gupta, Founder and CEO, StartupLanes
About Prolific Machines
The animal protein sector is perhaps the largest chunk of emissions for which we have the fewest credible shots on goal to solve. The levers that we have to decarbonize animal protein (and especially the methane emissions therein) are: – Demand displacement (e.g. plant-based alternatives or behavior change) – Livestock efficiency improvements – Feed supply chain decarbonization (e.g. the displacement of synthetic fertilizer) – Antimethanogenic interventions (to eliminate enteric fermentation in ruminants) – Methane oxidation There are ~1.4B cows on the planet today, and reducing the topline demand for beef products, in particular, with plant-based alternatives is a fantastic and necessary effort. However, our current trajectory is 3B cows by 2050 – a climate disaster of extraordinary proportions. They need every shot on goal to decarbonize the cow, and the behavior change required to shift to a plant-based diet is necessary but likely insufficient in the face of the current generation’s preference for meat products. What if we could have real meat, without the cow, at a cost advantage to livestock? Enter Prolific Machines. They are building a novel cell manufacturing platform to enable industry-leading cost per cell produced. Our initial focus is on building an affordable, sustainable, nutritious, and delicious alternative to factory farming.
When was Prolific Machines founded?
Prolific Machines was founded in 2020.
Who is the Founder of Prolific Machines?
Prolific Machines co-founder and CEO Deniz Kent
Is Prolific MachinesHiring?
Prolific Machines is hiring for multiple positions like Research associate, executive assistant, head of finance and more.
What is the Team Size of Prolific Machines?
As per the popular social media site LinkedIn, Prolific Machines has 17 employees.
Where is the Head Office of Prolific Machines?
Prolific Machines’s headquarters is located at 479 Jessie Street, San Francisco
How much is the revenue of Prolific Machines?
Prolific Machines has not publicly revealed the revenue in the last round of funding.
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