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Life Sciences Series B Founded 2015

Evonetix

Evonetix is a biotechnology company that develops a synthetic biology platform for DNA synthesis and gene assembly. The company's proprietary technology uses silicon arrays manufactured through semiconductor microfabrication, enabling various miniaturized reaction sites for parallel DNA synthesis. The platform is designed to synthesize genes with high GC content and assemble long DNA sequences with high fidelity.…

📍 Saffron Walden, United Kingdom · Genomics,

Funding snapshot

Last roundSeries B
Amount$24M
Date7 February 2023
Total raised$70M
Valuation629,727,427 (Mar 8, 2018)
Team size11

About

Evonetix is a biotechnology company that develops a synthetic biology platform for DNA synthesis and gene assembly. The company's proprietary technology uses silicon arrays manufactured through semiconductor microfabrication, enabling various miniaturized reaction sites for parallel DNA synthesis. The platform is designed to synthesize genes with high GC content and assemble long DNA sequences with high fidelity. Evonetix's approach integrates thermal control of individual reaction sites on the silicon array, allowing precise control over DNA synthesis chemistry and enabling error correction during the assembly process. The technology aims to democratize gene synthesis for applications in drug discovery, vaccine development, agricultural biotechnology, and industrial biotechnology. Founded in 2015 and headquartered in Saffron Walden, United Kingdom, Evonetix has raised approximately $70 million in Series B funding from investors including DCVC, Draper Esprit, Cambridge Consultants, Rising Tide Fund, Civilization Ventures, Morningside, Foresite Capital, Providence Equity Partners, Molten Ventures, and Providence Investment Company.

Business model

Genomics > Applied Genomics > Synthetic Biology,

Life Sciences Platforms and Tools > Research Services > Diversified

Team background

College Wise > London Business School (LBS)

Institutional investors

DCVC Draper Esprit Cambridge Consultants Rising Tide Fund Civilization Ventures Morningside Foresite Capital Providence Equity Partners Molten Ventures Providence Investment Company Gov Start Capital Page One Ventures Providence IP Morningside Venture Capital

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