Tech Company Financing Transactions

Evolve BioSystems Funding Round

On 5/31/2017, Evolve BioSystems secured $20 million in Series B funding from MLS Capital Fund II, Acre Venture Partners and Bow Capital.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B
Proceeds Purpose
The funds will support ongoing clinical activities, operational expansion, and the launch of the company's unique, activated probiotic and prebiotic products, which restore the infant gut microbiome to its natural state, allowing proper metabolic and immune development.

Company Information

Company Status
Private & Independent
Mailing Address
2121 2nd St. B108
Davis, CA 95618
Email Address
Evolve Biosystems will develop and bring to market the next generation of probiotic-based biotherapeutics to establish, restore, and maintain a healthy human microbiome across a range of unmet clinical needs.
Evolve BioSystems LinkedIn Company Profile
Social Media
Evolve BioSystems Company Twitter Account
Company News
Evolve BioSystems News
Evolve BioSystems on Facebook
Evolve BioSystems on YouTube

Management Team

Email & Social
Chief Executive Officer
Timothy Brown
  Timothy Brown LinkedIn Profile  Timothy Brown Twitter Account  Timothy Brown News  Timothy Brown on Facebook
Chief Financial Officer
Sandy Argabrite
  Sandy Argabrite LinkedIn Profile  Sandy Argabrite Twitter Account  Sandy Argabrite News  Sandy Argabrite on Facebook
Chief Scientific Officer
David Kyle
  David Kyle LinkedIn Profile  David Kyle Twitter Account  David Kyle News  David Kyle on Facebook
VP - Marketing
Christie Fleming
  Christie Fleming LinkedIn Profile  Christie Fleming Twitter Account  Christie Fleming News  Christie Fleming on Facebook
VP - Marketing
Brian Ostrer
  Brian Ostrer LinkedIn Profile  Brian Ostrer Twitter Account  Brian Ostrer News  Brian Ostrer on Facebook
VP - Operations
Robin Flannery
  Robin Flannery LinkedIn Profile  Robin Flannery Twitter Account  Robin Flannery News  Robin Flannery on Facebook
VP - Operations
Michael Russell
  Michael Russell LinkedIn Profile  Michael Russell Twitter Account  Michael Russell News  Michael Russell on Facebook
VP - R & D
Minhthy Nguyen
  Minhthy Nguyen LinkedIn Profile  Minhthy Nguyen Twitter Account  Minhthy Nguyen News  Minhthy Nguyen on Facebook
VP - Regulatory Affairs
Samara Freeman
  Samara Freeman LinkedIn Profile  Samara Freeman Twitter Account  Samara Freeman News  Samara Freeman on Facebook



Browse more venture capital transactions:

Prev: 5/31/2017: Movius venture capital transaction
Next: 5/31/2017: Data Inventions venture capital transaction


Share this article


Where The Data Comes From

We do our best to record every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary