Basecamp Research, a London, UK-based company that designs protein products based on a large knowledge graph of natural biodiversity in existence, raised $20M in Series A funding.
The round, which brought total funding to date to $30m, was led by Systemiq Ventures with participation from Valo, Blue Horizon, True Ventures, and Hummingbird Ventures.
The company intends to use the funds to expand the team, fully validate internal products, and continue building a product portfolio in industries such as pharmaceuticals, nutrition, agriculture, and consumer goods.
Led by Oliver Vince, Basecamp Research designs advanced protein products for all sectors of the bioeconomy using its understanding of how proteins behave in the real world. To this end, the company is building a sophisticated, entirely ethically sampled graph database of natural biodiversity. Through partnerships with some of the largest global companies and industrial leaders, its products currently span food & nutrition, cosmetics, pharma, bioremediation and sustainable manufacturing.
The company has collected samples from over 40 global expeditions spanning from Antarctica to the Azores. Through its benefit-sharing model, local partners, called guardians, receive a share of customer royalties. Samples are collected in compliance with the Nagoya Protocol, with the explicit purpose of sustaining local ecosystems.
FinSMEs
13/12/2022