Planetary Technologies

Bioeconomy Fund 1, established in 2015 and managed by Bioeconomy Capital in Seattle, Washington, focuses on early-stage investments in the bioeconomy sector. The fund aims to accelerate advancements in biotechnology by leveraging the extensive operational and product development experience of its management team, which encompasses over fifty years of expertise in synthetic biology and related engineering fields. Bioeconomy Capital employs a unique investment strategy that emphasizes the creation and deployment of technological capabilities essential for the 21st-century economy. The fund has previously invested in notable companies, including Zymergen, Riffyn, Synthace, RoosterBio, Arzeda, Bellwether Bio, EdenWorks, and Lumen Biosciences, reflecting its commitment to fostering innovation across various industries, including software, pharmaceuticals, biotechnology, and chemicals.

Robert Carlson Ph.D

Managing Director

Rik Wehbring

Managing Director

15 past transactions

Tandem PV

Series A in 2022
Tandem PV, Inc. is a manufacturer of innovative photovoltaic cells that combine perovskite and silicon technologies to enhance solar panel efficiency. Founded in 2016 and based in Palo Alto, California, the company, previously known as Iris Photovoltaics, rebranded in February 2018. Tandem PV specializes in mechanically-stacked solar panels that integrate metal-halide perovskite semiconductors with traditional silicon cells. This integration aims to significantly improve the efficiency and economic viability of solar energy systems, providing clients with a substantial increase in the value and market potential of solar power while reducing installation costs. By leveraging advanced materials and technologies, Tandem PV seeks to contribute to the advancement of solar energy solutions.

Arzeda

Series B in 2022
Arzeda Corporation, founded in 2008 and based in Seattle, Washington, specializes in the development and commercialization of innovative enzymes and specialty chemical products. The company leverages advanced computational enzyme design technology to create designer proteins and enzymes tailored for diverse applications in polymers, pharmaceuticals, and industrial chemicals. By focusing on biocatalysis, Arzeda aims to provide clients with high-performance, cost-effective, and sustainable solutions that enhance their products. The company's expertise in synthetic biology positions it as a leader in the field, enabling the development of a robust portfolio that addresses the growing demand for advanced chemical products.

Parse Biosciences

Series B in 2022
Parse Biosciences, based in Seattle, Washington, focuses on single-cell analysis and was incorporated in 2018. The company is dedicated to developing innovative technologies that enhance the understanding of cellular diversity and function at the single-cell level. By leveraging advanced methodologies, Parse Biosciences aims to provide researchers with powerful tools for exploring complex biological systems, ultimately advancing the fields of genomics and biomedical research.

Parse Biosciences

Series A in 2021
Parse Biosciences, based in Seattle, Washington, focuses on single-cell analysis and was incorporated in 2018. The company is dedicated to developing innovative technologies that enhance the understanding of cellular diversity and function at the single-cell level. By leveraging advanced methodologies, Parse Biosciences aims to provide researchers with powerful tools for exploring complex biological systems, ultimately advancing the fields of genomics and biomedical research.

Lumen Bioscience

Series B in 2020
Lumen Bioscience, Inc. is a biotechnology company focused on developing therapeutic biologics for oral delivery. It utilizes Spirulina, a blue-green algae, as an industrial-scale production platform for high-value molecules. The company engages in various services, including synthetic biology, protein design, immunology, bioreactor engineering, and cell physiology, catering to the food, cosmetics, and healthcare industries. Founded in 2017 and based in Seattle, Washington, Lumen Bioscience is advancing the development of topically and mucosally delivered biologic drugs aimed at treating and preventing common diseases.

RoosterBio

Series B in 2019
RoosterBio, Inc. is a biotechnology company specializing in the development of mesenchymal stem cells (MSCs) for the regenerative medicine sector. Founded in 2012 and headquartered in Frederick, Maryland, RoosterBio provides human bone marrow and adipose-derived MSCs designed for tissue engineers and cell therapists. These products aim to facilitate the creation of technologies, products, and devices that incorporate living cells. The company's offerings are intended to simplify and accelerate research in regenerative medicine by addressing common challenges in stem cell research and commercialization. RoosterBio has formed strategic alliances with organizations such as Pall Corporation and Tissue Regeneration Therapeutics Inc., further enhancing its capabilities in the field.

MicroByre

Seed Round in 2019
MicroByre, Inc. is a biotechnology company founded in 2017 and headquartered in Berkeley, California. The company focuses on developing genetically tractable strains from non-model micro-species, specializing in the domestication and genetic engineering of bacteria that are typically resistant to industrial applications. By utilizing a unique technology platform, MicroByre creates a reliable and generalizable domestication pipeline that supports fermentation processes. Its machine-learning platform analyzes a comprehensive dataset to identify bacteria that meet specific industrial functional criteria, facilitating precise genetic modifications. This approach provides clients with enhanced flexibility and yield while reducing the need for nutritional additives and improving contamination tolerance and phage resistance. Overall, MicroByre serves the biotechnology sector by addressing challenges in microbial utilization for industrial purposes.

Lumen Bioscience

Series A in 2017
Lumen Bioscience, Inc. is a biotechnology company focused on developing therapeutic biologics for oral delivery. It utilizes Spirulina, a blue-green algae, as an industrial-scale production platform for high-value molecules. The company engages in various services, including synthetic biology, protein design, immunology, bioreactor engineering, and cell physiology, catering to the food, cosmetics, and healthcare industries. Founded in 2017 and based in Seattle, Washington, Lumen Bioscience is advancing the development of topically and mucosally delivered biologic drugs aimed at treating and preventing common diseases.

Synthace

Series A in 2017
Synthace Limited is a company that develops software and processes aimed at enhancing productivity in biosciences across various industries, including health, pharmaceuticals, food, energy, agri-science, and manufacturing. Central to its offerings is Antha, a cloud-based platform designed to automate and improve biological processes. Antha allows users to visually design, execute, and analyze biological workflows, linking lab equipment, protocols, and processes to enable repeatable and efficient development. Founded in 2011 and headquartered in London, with an additional location in Cambridge, Massachusetts, Synthace also maintains a strategic partnership with Microsoft to further its mission of increasing bioscience productivity and facilitating better engineering of biological systems.

Riffyn

Series A in 2017
Riffyn, Inc. is a software company that provides a cloud-based platform designed for research and development in the life sciences, pharmaceutical, food, and chemical industries. Founded in 2014 and headquartered in Oakland, California, Riffyn's flagship product, Riffyn Nexus, enables users to visually design, measure, analyze, and collaborate on experiments. The software integrates diverse scientific data in real time, fostering enhanced data quality and facilitating reproducible discoveries. Riffyn's offerings include implementation, change management, and educational services, which support organizations in improving their research and development processes through advanced data analytics and machine learning capabilities. The company serves clients in the biopharmaceutical, industrial biotech, and materials sectors, both domestically and internationally.

Arzeda

Series A in 2017
Arzeda Corporation, founded in 2008 and based in Seattle, Washington, specializes in the development and commercialization of innovative enzymes and specialty chemical products. The company leverages advanced computational enzyme design technology to create designer proteins and enzymes tailored for diverse applications in polymers, pharmaceuticals, and industrial chemicals. By focusing on biocatalysis, Arzeda aims to provide clients with high-performance, cost-effective, and sustainable solutions that enhance their products. The company's expertise in synthetic biology positions it as a leader in the field, enabling the development of a robust portfolio that addresses the growing demand for advanced chemical products.

Riffyn

Venture Round in 2016
Riffyn, Inc. is a software company that provides a cloud-based platform designed for research and development in the life sciences, pharmaceutical, food, and chemical industries. Founded in 2014 and headquartered in Oakland, California, Riffyn's flagship product, Riffyn Nexus, enables users to visually design, measure, analyze, and collaborate on experiments. The software integrates diverse scientific data in real time, fostering enhanced data quality and facilitating reproducible discoveries. Riffyn's offerings include implementation, change management, and educational services, which support organizations in improving their research and development processes through advanced data analytics and machine learning capabilities. The company serves clients in the biopharmaceutical, industrial biotech, and materials sectors, both domestically and internationally.

Synthace

Venture Round in 2015
Synthace Limited is a company that develops software and processes aimed at enhancing productivity in biosciences across various industries, including health, pharmaceuticals, food, energy, agri-science, and manufacturing. Central to its offerings is Antha, a cloud-based platform designed to automate and improve biological processes. Antha allows users to visually design, execute, and analyze biological workflows, linking lab equipment, protocols, and processes to enable repeatable and efficient development. Founded in 2011 and headquartered in London, with an additional location in Cambridge, Massachusetts, Synthace also maintains a strategic partnership with Microsoft to further its mission of increasing bioscience productivity and facilitating better engineering of biological systems.

Synthace

Series A in 2014
Synthace Limited is a company that develops software and processes aimed at enhancing productivity in biosciences across various industries, including health, pharmaceuticals, food, energy, agri-science, and manufacturing. Central to its offerings is Antha, a cloud-based platform designed to automate and improve biological processes. Antha allows users to visually design, execute, and analyze biological workflows, linking lab equipment, protocols, and processes to enable repeatable and efficient development. Founded in 2011 and headquartered in London, with an additional location in Cambridge, Massachusetts, Synthace also maintains a strategic partnership with Microsoft to further its mission of increasing bioscience productivity and facilitating better engineering of biological systems.

Riffyn

Seed Round in 2014
Riffyn, Inc. is a software company that provides a cloud-based platform designed for research and development in the life sciences, pharmaceutical, food, and chemical industries. Founded in 2014 and headquartered in Oakland, California, Riffyn's flagship product, Riffyn Nexus, enables users to visually design, measure, analyze, and collaborate on experiments. The software integrates diverse scientific data in real time, fostering enhanced data quality and facilitating reproducible discoveries. Riffyn's offerings include implementation, change management, and educational services, which support organizations in improving their research and development processes through advanced data analytics and machine learning capabilities. The company serves clients in the biopharmaceutical, industrial biotech, and materials sectors, both domestically and internationally.
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