Cauldron co-founder and CEO Michele Stansfield. Source: Cauldron
Precision fermentation startup Cauldron has announced the close of a $9.5 million Series A funding round. This latest injection of capital, led by Horizons Ventures and joined by SOSV and In-Q-Tel (IQT), alongside existing investor Main Sequence, marks a pivotal moment for the company.
This follows a historic $10.5 million seed round just 12 months ago and brings the company’s total funding to date to $20 million at an undisclosed valuation.
Cauldron’s cutting-edge approach to continuous fermentation through its unique bioreactor design and proprietary growth medium, promises to revolutionise large-scale fermentation production. By enhancing efficiency fivefold compared to the current industry standards, Cauldron sets the stage for more sustainable bio-based products to achieve price parity and mainstream adoption.
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