Loading...
Loading...
Browse all stories on DeepNewz
VisitIndustry of Prolific Machines' first commercial partner by end of 2024?
Food Industry Partner • 33%
Pharmaceutical Partner • 33%
Other Industry Partner • 34%
Official press release from Prolific Machines
Prolific Machines Secures $55M to Revolutionize Lab-Grown Protein Production Using LED Lamps
Jun 6, 2024, 02:01 PM
Prolific Machines has secured $55 million in Series B funding to advance its innovative biomanufacturing technology. The company aims to commercialize a method for growing cells using LED lamps, which could revolutionize the production of lab-grown proteins for food and medicine. This approach promises to improve the efficiency of bioreactors for producing proteins, antibodies, and cultivated meat. Despite a general decline in investor interest in new-age food and lab-grown meat startups, Prolific Machines has attracted significant investment due to its promising technology. TechCrunch reported that the CEO described the technology as 'sounding too good to be true.'
View original story
1-5 • 25%
6-10 • 25%
11-15 • 25%
More than 15 • 25%
Robotics • 25%
Healthcare • 25%
Food & Beverage • 25%
Consumer Electronics • 25%
No Partnerships • 25%
Healthcare Industry • 25%
Tech Industry • 25%
Multiple Industries • 25%
Automotive • 25%
Smart Home • 25%
Retail • 25%
Agriculture • 25%
Yes • 50%
No • 50%
Google • 25%
Apple • 25%
Microsoft • 25%
Amazon • 25%
10x current production capacity • 33%
20x current production capacity • 33%
50x current production capacity • 34%