C16 Biosciences
C16 Biosciences is a biotech company creating sustainable alternatives to palm oil using a biomanufacturing process with yeast. Their Palmless™ platform produces food-grade oils and fats, addressing food security concerns and reducing reliance on arable land. The company also offers ingredients for the beauty and personal care industries.
Funding Round: Grant & Investment
Funding Amount: $4.5M
Date: 24-Jan-2024
Investors: Bill & Melinda Gates Foundation, Elemental Excelerator
Markets: Biotechnology, Food Technology, Personal Care
HQ: New York, New York, United States
Founded: 2018
Website: https://www.c16bio.com/
LinkedIn: https://www.linkedin.com/company/c16bio
Twitter: https://twitter.com/c16bio
Crunchbase: https://www.crunchbase.com/organization/c16-biosciences
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