3 years ago

OGI Bio Secures £1 Million Seed Funding to Expand Microbe Automation

  • OGI Bio, a biotech startup spun out of the University of Edinburgh, has secured £1 million in seed funding led by TRICAPITAL

  • The funding will be used to establish a new laboratory and manufacturing facility, expand hiring, and increase sales of its automation systems

  • OGI Bio's technology automates the culturing of microbes, offering a cost-effective and efficient alternative to manual methods

  • The company has received backing from several investors, including Apollo Informal Investment, Sapphire Capital Partners, Scottish Enterprise, and Old College Capital, the University of Edinburgh's in-house venture fund.

      • ProblemTechnology

      "Existing methods for culturing microbes in labs are manual, time-consuming, expensive, and lack sophisticated data analysis capabilities, hindering research and development in biotechnology."

      Solution

      "OGI Bio offers an affordable automated system for culturing microbes that replicates manual flask culturing while enhancing processing power, cost-efficiency, and data analytics, accelerating research and development for biotech companies and academic labs."

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