Tech Company Financing Transactions

Evonetix Funding Round

Evonetix, based in Cambridge, secured $24 million from Foresite Capital, Cambridge Consultants and Civilization Ventures.

Transaction Overview

Company Name
Announced On
2/8/2023
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds for the continued development of its semiconductor chips to commercial scale, and the extension of gene assembly capabilities for its binary assembly technology to deliver accurate, gene-length DNA in a benchtop instrument.

Company Information

Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
9a Coldham's Business Park Norman Way,
Cambridge, CB1 3LH
UK
Email Address
Overview
Evonetix is a Cambridge-based company developing a radically different approach to gene synthesis. Our desktop DNA synthesis platform will provide the ability to synthesise DNA at unprecedented accuracy, scale and speed, accelerating scientists' ability to use biology on a scale not currently possible.
Profile
Evonetix LinkedIn Company Profile
Social Media
Evonetix Company Twitter Account
Company News
Evonetix News
Facebook
Evonetix on Facebook
YouTube
Evonetix on YouTube

Management Team

Title
Name
Email & Social
Chairman
Paul Beastall
  Paul Beastall LinkedIn Profile  Paul Beastall Twitter Account  Paul Beastall News  Paul Beastall on Facebook
Chief Executive Officer
Colin McCracken
  Colin  McCracken LinkedIn Profile  Colin  McCracken Twitter Account  Colin  McCracken News  Colin  McCracken on Facebook
Co-Founder
Joseph Brennan
  Joseph Brennan LinkedIn Profile  Joseph Brennan Twitter Account  Joseph Brennan News  Joseph Brennan on Facebook
Co-Founder
Matthew Hayes
  Matthew Hayes LinkedIn Profile  Matthew Hayes Twitter Account  Matthew Hayes News  Matthew Hayes on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/8/2023: Surf Internet venture capital transaction
Next: 2/8/2023: Zypp Electric venture capital transaction

 

Share this article

 


Where The Data Comes From

Our team works diligently to record tech company VC transactions. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary