2 years ago
MarraBio Secures £500,000 Seed Funding for Protein Alternative
MarraBio, a Newcastle-based spinout developing technology to instruct protein cells to grow in a certain way for research or commercial use, has secured £500,000 in seed funding
The company's protein alternative is both cheaper and has a longer shelf life than existing products
MarraBio is targeting biomedical research and therapy markets, along with the cultivated meat market
The seed round was led by Maven Capital Partners, Northstar Ventures, CPI Enterprises, and TCS Biosciences.
ProblemHealthcare
"Bioactive proteins, essential for research and commercial applications, are expensive and have a short shelf life, limiting their accessibility and practicality."
Solution
"MarraBio offers a cheaper and longer-lasting alternative to bioactive proteins that can mimic their function, providing a more accessible and practical solution for biomedical research, therapy, and cultivated meat production."