Evonetix closes $30 million Series B round lead by Foresite Capital

Evonetix closes $30 million Series B round lead by Foresite Capital

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Molten
Molten

Congratulations to Evonetix for successfully raising $30 million in their recent Series B round lead by Foresite Capital. Draper Esprit is proud to have participated in the round alongside other existing investors DCVC (Data Collective), the Morningside group Limited, Providence Investment Company, Cambridge Consultants Ltd., Rising Tide Fund and Civilization Ventures.

Evonetix Ltd. is a synthetic biology company developing a desktop platform for scalable, high fidelity and rapid gene synthesis.

We look forward to continuing our partnership with Evonetix as they continue to develop the integration of DNA and technology.

Read the RNS here and the press release here.

Interested in Evonetix? Find out more about them here.

Molten Ventures Growth Fund First Close

Molten Ventures announces the first close of our Growth Fund at £175 million, including a £75 million cornerstone commitment from the British Business Bank. 

“There is no shortage of exceptional founders or technology businesses in the UK and Europe; what they too often lack is sufficient growth capital to help them become global leaders. This Fund gives Molten greater firepower to back our highest-conviction companies at Series B and beyond, build meaningful ownership positions and channel capital into the next generation of growth.” - 
Ben Wilkinson, CEO of Molten
Read the press release here