2 years ago

Evonetix Raises $24 Million for DNA Synthesis Semiconductors

  • Evonetix, a UK-based deeptech startup, has secured $24m in an extension investment round led by Foresite Capital, bringing its Series B total to $54m

  • The investment will support the commercialisation of Evonetix's DNA computer chips and added gene assembly potential.

      • ProblemTechnology

      "Synthesizing DNA takes weeks using current methods, slowing down research and development in fields like biotech and pharmaceuticals."

      Solution

      "Evonetix has developed a computer chip that synthesizes DNA in days, significantly accelerating the process and making gene synthesis more accessible."

      Covered on