OVNI Capital
Assembly Line
baCta secures €3.3 million to revolutionize natural rubber production
baCta, a startup making biosynthetic carbon-negative natural rubber produced using engineered microorganisms and renewable feedstocks, has successfully raised €3.3 millions in pre-seed funding. The round was led by OVNI Capital, and with participation from Kima Ventures, Sharpstone Capital, another.vc and prominent business angels such as Thibaud Elziere and members of the Hexa team and Nicolas Morin, co-founder of Gourmey.
baCta’s breakthrough technology leverages a synthetic organelles platform developed at INSERM, along with the ability to diversify sources of feedstock to decrease cost and obtain a negative carbon footprint. They also take advantage of the latest advances in lab automation, AI and protein modeling to collect proprietary data at an unprecedented pace, and process it to model organisms and bioreactors, enabling industrial bio-production.