Breaking, a Boston, MA- and Dallas, TX-based plastic degradation and synthetic biology company, raised $10.5M in Seed funding.
Backers were not disclosed.
The company intends to use the funds to expand operations and its R&D sector.
Co-founded by Sukanya Punthambaker, Vaskar Gnyawali, George Church, Don Ingber, Alba Tull, Kent Wakeford, and Ben Lamm, Breaking is a plastic degradation and synthetic biology company, gestated at Colossal Biosciences based on a core discovery out of the Wyss Institute for Biologically Inspired Engineering at Harvard University. It launched with the announcement of their discovery, X-32, which they will develop to address the global plastics crisis. In its natural state, X-32 can degrade polyolefins, polyesters, and polyamides leaving behind carbon dioxide, water, and biomass in as little as 22 months. With future synthetic genetic edits, the team is focused on making X-32 faster, more efficient, and more effective with a harmless environmental impact.
FinSMEs
17/04/2024