Tech Company Financing Transactions

Pow.Bio Funding Round

On 10/7/2023, Pow.Bio secured $9.5 million in Series A funding from Gullspang Refood, Hitachi Ventures and Thia Ventures.

Transaction Overview

Company Name
Announced On
10/7/2023
Transaction Type
Venture Equity
Amount
$9,500,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to expand operations with a demonstration plant in Alameda, California, that can deploy their intelligent continuous platform at scale.

Company Information

Company Status
Private & Independent
Industry
AdTech
Mailing Address
2865 Seventh Street
Berkeley, CA 94710
USA
Phone
Undisclosed
Email Address
Overview
Developer of intelligent fermentation technology designed to solve the capacity problem. The company offers to combine continuous fermentation with advanced control methodology to quickly optimize the fermentation process, enabling scientists to create a product to achieve cost advantages and disrupt their non-sustainable incumbent competition.
Profile
Pow.Bio LinkedIn Company Profile
Social Media
Pow.Bio Company Twitter Account
Company News
Pow.Bio News
Facebook
Pow.Bio on Facebook
YouTube
Pow.Bio on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Shannon Hall
  Shannon Hall LinkedIn Profile  Shannon Hall Twitter Account  Shannon Hall News  Shannon Hall on Facebook
Chief Operating Officer
Brian Lee
  Brian Lee LinkedIn Profile  Brian Lee Twitter Account  Brian Lee News  Brian Lee on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/6/2023: SafeRide venture capital transaction
Next: 10/7/2023: Class Companion venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary