He is currently on the boards of Horizon Discovery PLC and EcoEos. Colin McCracken, Chief Executive Officer at Evonetix, commented: "This substantial investment round demonstrates continued confidence in the progress of our technical development and its potential to revolutionise the accessibility of gene synthesis. Vishal is a qualified physician and chairman of the Digital Health Forum. Evonetix develops a desktop, short-latency solution to synthesize DNA to facilitate the field of synthetic biology, with applications across industries including healthcare, pharma, biotech, food and agriculture, and data storage. Raquel holds a PhD in Molecular and Cell Biology from the Faculty of Medicine, University of Auvergne and a MSci in Biochemistry from the Faculty of Sciences, University of Lisbon. The machine creates DNA primers, a short single strand of RNA or DNA (generally about 18-22 bases) that serves as a starting point for DNA synthesis. Also, check out the jobs and hiring category at Evonetix mentioned earlier on this page to identify information on technology stack, industry listing, and other details. Reaching this point in our development is a key milestone, paving the way for the expansion in scale that only semiconductor-based technologies can achieve., Colin McCracken, CEO of Evonetix added: Biology is driving a revolution that will change the way we live and help solve some of the biggest problems faced by our planet today. In addition to its investment activities, Morningside Group is strongly committed to social responsibility. clicking here. and determine its next move. She also acted as a Consultant for projects in collaboration with Genomics England, Technology Development and Applications, and Customer Support. Researchers are invited to apply to receive DNA that has been synthesised using Evonetix's platform. Evonetix is included in 4 Expert Collections, including Agriculture Technology (Agtech). Trevor has a BSc in Computer Programming and Chemistry from Anglia Ruskin University. February 7, 2023 10:51 PM UTC. He works with some of Cambridge Consultants largest clients, helping them maximise the value of innovation. Evonetixs DNA synthesis capability brings together patented semiconductor chip design and proprietary, thermally controlled synthesis chemistry, which will be integral to the Companys future gene synthesis platforms. He was previously Chief Operations Officer at GreenPeak technologies B.V. (Qorvo Inc.) responsible for the mass production of Zigbee and Bluetooth devices servicing the TV/Set-top-box and IoT markets. BALTIMORE - British biotech startup Evonetix plans to commercially develop a platform for thermally controlled enzymatic DNA synthesis, following a version that relies on chemical synthesis. Before joining Evonetix, Matthew was Head of Technology for the Global Medtech Division of Cambridge Consultants. Trevor was also responsible for the Industrialisation of new developments including Characterisation, Qualification and Production Test. Evonetix's latest funding round is Series B - II. He was the first investor in DCVC-backed Totus Medicines, where he is a founding board member, and in Menten.AI. Cambridge Consultants invested in Evonetix's Series B - II funding round. He was educated in the United Kingdom at Keble College, Oxford University, where he was awarded a B.A. Polyfill as-a-service detects and returns a JavaScript bundle of polyfills based on the cu PHP: Hypertext Preprocessor is a server-side scripting language designed for Web developme Hypertext Markup Language (HTML) is the standard markup language for documents designed to Are you looking for the decision-makers at Evonetix? You can find more about their employees through LinkedIn or their website using He is a Fellow of the Institute of Physics and of the Royal Academy of Engineering, and an Honorary Fellow of Kings College, Cambridge. EVONETIX LTD (Evonetix), the synthetic biology company bringing semiconductor technology to DNA synthesis, today announced the opening of its early access program for semiconductor synthesised DNA. Copy and paste multiple symbols separated by . The no-code platform aligns human and machine reference data for context specificity, closing the loop intelligently between human activity and assets, for maximum machine learning insight and adaptation. He has also held board positions at Psynova Neurotech, Bioscale and Enigma Diagnostics. Win whats next. Ut enim ad minim veniam, aliquip ex ea commodo consequat. He holds a PhD and MEng in Electronic Engineering, both from Loughborough University. Investors of Evonetix include Cambridge Consultants, Morningside Ventures, Molten Ventures, DCVC, Civilization Ventures and 7 more. Discover Evonetix alternatives or similar companies to benchmark and competitors' market analysis. C - 1, G - Block Bandra-Kurla Complex, Bandra (East) Mumbai 400 051. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. Reimagine Biology | We are a Cambridge-based company developing a radically different approach to gene synthesis. She also acted as a Consultant for projects in collaboration with Genomics England, Technology Development and Applications, and Customer Support. Finance. Privacy Act (CCPA), please email [emailprotected]. Vishal is a qualified physician and chairman of the Digital Health Forum. Microsoft Azure The group is managed by investment professionals who are entrepreneurial, have deep industry knowledge and are effective in the local environment in which they operate. Get their email address, phone numbers, and other details from Linkedin or any website. The stock has fallen 48.4% since the troubled home goods retailer announced its bankruptcy filing Sunday . This approach enables the accurate synthesis of thousands of sequences on a single chip to meet the demand for complex libraries and assembly of long DNA in days rather than weeks, accelerating research across the exciting field of synthetic biology. Evonetix General Information. We have designed novelsemiconductor technologycapable of synthesising thousands of independent sequences across the surface of a single chip, re-engineered phosphoramidite chemistryto enable thermal control of the synthesis cycle, developednew ways to assemble DNAinto genes and established novel approaches toenzymatic DNAsynthesis. and At the core of this is the ability to deliver DNA better and faster to researchers working on these global challenges. Operator of a biotechnology company intended to synthesize DNA at higher accuracy and scale. Jim Tananbaum is the founder and chief executive officer of Foresite Capital, a U.S.-focused healthcare investment firm founded in 2011 that has $3 billion in assets under management. Malcolm is responsible for a broad portfolio of financial, HR and other matters. Mammen joined Cambridge Consultants as Chief Financial Officer in 2005. cale and speed, accelerating scientists' ability to use synthetic biology on a scale not currently possible. EquityZen Securities LLC (EquityZen Securities) is a subsidiary of EquityZen Inc. EquityZen Securities is a broker/dealer registered with the Securities Exchange Commission and is a FINRA/SIPC member firm. Copyright 2023 CB Information Services, Inc. All rights reserved. Combined with the Companys patented chemistry, this approach enables the accurate synthesis of thousands of sequences on a single chip to meet the demand for complex libraries and assembly of long DNA, addressing the DNA supply bottleneck in the field of synthetic biology. Our network is truly global, with key advisors located in Silicon Valley, Cambridge and NY in the US, as well as Europe and Asia. Workers need on-the-job assistance in knowing what to do, when to do it, and how best to do it at the point of use. It offers a connected worker platform providing job instruction and collaboration for frontline teams, and a no-code toolkit designed to accelerate the digital transformation of daily operations. He holds a masters degree in electronic systems engineering from the University of York and is a Fellow of the Institution of Engineering and Technology. Evonetix is in a very exciting phase, having recently opened our early access program. Over the last decade he has championed deals across areas including diagnostics, devices & biotech. Read more, Find prospects by the technologies they use. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. His previous roles include Director level positions in Marketing and Product Management at Thermo Fisher Scientific and Arcis Biotechnology, leadership of the Cell and Molecular Research Tools business segment at GE Healthcare and head of Marketing & Business Development at Promega UK. Synthetic biology brings the power of nature to bear on the real challenges of today and the opportunities of tomorrow. Shares of Bed Bath & Beyond Inc. BBBY rose 5.3% in premarket trades Friday. We want to put the next generation of DNA technology into the hands of researchers working on the biggest challenges and opportunities facing our planet: petrochemical dependencyhealthcare and personalised medicinepandemic response, food availabilityindustrial chemistryglobal data storage. Malcolm was previously Group Finance Director at Cambridge Cognition, an AIM listed public company specialising in brain health, for six years. Jim assembles the people, ideas and money needed to launch products that save lives and improve healthcare. Were excited to support the teams vision for transforming industrial workplaces. Prior to joining Evonetix he was Senior Vice President and Chief Commercial Officer at Fluidigm Corp, where he was responsible for leading all commercial activities, driving revenue growth, and expanding the Companys global reach. Cambridge Consultants has since grown from revenues of 17M in 2005 to revenues of 120M in 2021, with offices in the US, Singapore and Japan in addition to its headquarters in Cambridge, United Kingdom. He still writes, mostly for WIRED. ", Nelly Markova, Principal, Molten Ventures said: "Molten has been a big supporter of Evonetix from the early days. Evonetix is a growing biotechnology company which is set to revolutionisegene synthesis as needed to facilitate the View all The current model for DNA synthesis cant deliver on the future demand for DNA. Matt holds a Masters degree in Mechanical Engineering from the University of Durham and is a Chartered Member of the Institution of Mechanical Engineers. EVONETIX LTD ('Evonetix'), the synthetic biology company bringing semiconductor . Foresite Capitalis an investment firm that aims to transform healthcare by funding visionaries with the courage, data-driven insights and experience to lead the next wave of healthcare companies. GeneDx to Execute 1-for-33 Reverse Stock Split Illumina to Taper Annual Spending by $100M; Q1 Revenues . Colin brings over 20 years experience in commercial and business development roles. Malcolm joined Evonetix in June 2021 with over 20 years of experience. technologies, Do Not Sell or Share My Personal Information. Dr. Vishal Gulati is one of the Europes leading digital healthcare investors. Equity securities are offered through EquityZen Securities. By continuing to use this site you are consenting to these choices. Valuation. He was previously Chief Operations Officer at GreenPeak technologies B.V. (Qorvo Inc.) responsible for the mass production of Zigbee and Bluetooth devices servicing the TV/Set-top-box and IoT markets. Before joining Evonetix, Raquel was at Solexa (then Illumina Inc.) from 2002 as a Protein Engineer and major contributor to its disruptive NGS technology. He trained and qualified, in 1986, as a Chartered Accountant with Ernst & Young in London, UK. All trademarks are the property of Evonetix Ltd. or their respective owners. Written by Keith Noonan and Jeremy Bowman for The Motley Fool ->. ", Paul Beastall, Chair of the Board of Directors at Evonetix, said: "Were delighted to have secured additional funding from our existing investors in this oversubscribed round, testament not only to the promise of our novel approach to gene synthesis, but also the unrivalled expertise of our interdisciplinary team. The company develops a DNA and RNA synthesizer for molecular biology research purposes. Paul Beastall is the Head of Strategy and member of the senior leadership team at Cambridge Consultants. Jason was raised in Berkeley and on a farm on the North Coast of California, where his family raised game birds for restaurants in the Bay Area. Farfetch (NYSE: FTCH) is a specialized player in luxury fashion . which sector the company is growing. Morningside Group was founded in 1986 by the Chan family of Hong Kong, to make private equity and venture capital investments. Hermann holds an MA in Physics from Vienna University and a PhD in Physics from the University of Cambridge. See our Risk Factors for a more detailed explanation of the risks involved by investing through EquityZens platform. The platform aims to deliver less expensive, higher quality, reduced turn-around-time oligonucleotide synthesis solutions. In 2012, he became a Fellow of the Royal Society in recognition of his contribution to the translation of science into business, in 2013 a Distinguished Fellow of BCS, the Chartered Institute for IT, and in 2015 an Honorary Knight Commander (KBE) for services to engineering and industry. Also, Molten Ventures joins Zaptics board of directors as part of the investment. Michael Daniels joined Evonetix in March 2021 and brings over 20 years experience of marketing, product management and business development across the biotechnology sector. He has delivered commercial success in numerous leadership positions, including Vice President and General Manager and Vice President of Sales at Thermo Fisher Scientific, Vice President and Head of European Sales at Life Technologies and National Sales Manager at Qiagen. evonetix is seeking to develop and commercialise a new approach to the synthesis of DNA. You can find their contact number, email address, and headquarters by This investment will support us as we execute on our commercial strategy to put benchtop gene synthesis in the hands of users. As a collegial partnership with diverse areas of expertise, they seek to team with and help accelerate the growth of visionary companies breaking barriers and innovating in new markets, especially those creating or leveraging technological advancements in Cloud, Data, Artificial Intelligence, Life Sciences & Health, Mobility, Automation & Robotics, Financial Technology, Security, Blockchain, and Mixed Reality. Get the full list, To view Evonetixs complete patent history, request access, Youre viewing 5 of 7 executive team members. CBI websites generally use certain cookies to enable better interactions with. These job postings data can help you identify how fast the company is growing JavaScript Our desktop DNA synthesis platform . His interests include understanding the influence of new technologies and how society views their potential impact on human flourishing. Professor Andrew Briggs is Professor of Nanomaterials at the University of Oxford, where his research focuses on materials and techniques for quantum information technologies and investigating vibrational states of nanotubes and charge transport through single molecules in graphene nanogaps. Evonetix's latest funding round was a Series B - II for $24M on February 7, 2023. Get the full list, Youre viewing 5 of 10 board members. Learn more. At MIT, he founded MIT Solve, the Institutes open innovation platform, which deploys capital and other resources toward solutions to grand challenges; chaired the MIT Enterprise Forum, the Institutes global entrepreneurial community; and was senior advisor to MITs 16th President, Susan Hockfield. As CEO of Evonetix, Colin will focus on building strategic partnerships and customer relationships, ahead of the commercial introduction of the Companys first benchtop DNA printer. Evonetix brings together the talents of an astonishing group of scientists and engineers, across biology, physics, electronics, chemistry, software and mechanics; all with the same mission, to unlock the capabilities of semiconductor technology for the world of synthetic biology. Evonetix Closes $24 Million USD (20 Million) Financing. Molecular Assemblies develops an enzymatic DNA synthesis technology designed to power DNA-based products. This fundraise was led by existing investor Foresite Capital, with Molten Ventures, Morningside, DCVC, Cambridge Consultants, Civilization Ventures and Providence also participating in the round. Building a platform capable of this requires highly parallel, distributed synthesis. 9a Coldhams Business Park, Norman Way Error detection during hybridisation of target double-stranded nucleic acid, UK-based Zaptic raises $10M to develop connected platform for frontline workers, SynBioBeta's Reading, Writing & Editing DNA Digest, The enzymatic DNA synthesis market is expected to grow from US$ 240.96 million in 2022 to US$ 2,244.88 million by 2028; it is estimated to record a CAGR of 45.1% from 2022 to 2028, Enzymatic DNA Synthesis Market Worth $2.24 Billion, by 2028 with 45.1% CAGR Global Report by The Insight Partners, Gene Synthesis Market Size, Share & Trends Analysis Report By Method, By Service, By Application, By End-use, By Region And Segment Forecasts, 2023 - 2030. Before these roles, Malcolm had over 15 years experience in professional services with PwC. At the core of this is the ability to deliver DNA better and faster to researchers working on these global challenges. Phone: +44 1223 930 300. Professor Andrew Briggs is Professor of Nanomaterials at the University of Oxford, where his research focuses on materials and techniques for quantum information technologies and investigating vibrational states of nanotubes and charge transport through single molecules in graphene nanogaps. The technical storage or access that is used exclusively for statistical purposes. Dr. Vishal Gulati is one of the Europes leading digital healthcare investors. For more information about Evonetix, please visit: www.evonetix.com, View source version on businesswire.com: https://www.businesswire.com/news/home/20230207005697/en/, Lorna CuddonZyme CommunicationsTel: +44(0)7811996942Email: lorna.cuddon@zymecommunications.com, https://www.businesswire.com/news/home/20230207005697/en/, Sony shares tumble on weaker-than-expected annual outlook, 'Waste of time': Community college transfers derail students, Asia Stocks Rise, Treasuries Dip in Cautious Trade: Markets Wrap, Poll: Americans fault news media for dividing country, France Braces for Renewed Anti-Macron Protests on Labor Day. You can also explore 47 technologies across He is always looking for visionaries: men and women with insights into therapeutics, devices, diagnostics or services that could, with the right support, change the world. A major contributor to the global technology and growth agendas and an influential member of senior policy making bodies. Instead, shift your stock portfolio . It not only unlocks measurable improvements in productivity, quality and safety but also enables a smooth transfer of knowledge between the retiring and new generation of workers to improve market resiliency. We will respond in accordance with the CCPA. He joined Cambridge Consultants in 2001, and was responsible for the leadership of many of their largest and most technically challenging projects. About evonetix Stock. You can read more about your cookie choices at our privacy policyhere. Description. . Plus: Evonetix tops off series B and updates from Aldeyra, Neuron23, Slingshot and more. UK-headquartered Zaptic, a frontline operations platform for manufacturing companies, has picked up $10 million in Series A funding. CB1 3LH. Raquel holds a PhD in Molecular and Cell Biology from the Faculty of Medicine, University of Auvergne and a MSci in Biochemistry from the Faculty of Sciences, University of Lisbon. Evonetix is a Cambridge-based company developing a radically different approach to gene synthesis. This technology mimics the way nature produces genetic code and enables enhanced performance while minimizing the use of harsh chemicals. Cambridge Consultants, Civilization Ventures, DCVC, Foresite Capital, Molten Ventures, Morningside Ventures, and Providence Equity Partners. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. In addition to publishing nearly 600 peer-reviewed scientific papers, he is the author of several books that address scientific issues in the context of a broader humanist debate. Use Slintel to connect with top decision-makers at Evonetix Ltd. We are seeking to develop and commercialise a new approach to the synthesis of DNA to facilitate the fast-emerging and exciting field of synthetic biology. compliance with the CCPA. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. It applies a rigorous scientific and data-driven approach to investment analysis. BSE - Scrip Code: 539437 Sub. He works across a broad range of sectors from telecommunications to consumer products, focusing on the impact of digital platforms to enable new business models. Malcolm joined Evonetix in June 2021 with over 20 years of experience. Matthew specialises in multi-disciplinary system design, medical device development, ASIC design and opto-electronics. His research focuses on developing quantitative biophysical methods, applied to biology and biomedicine. The platform has the potential to revolutionise the way this DNA is prepared and delivered to users in the rapidly growing field of synthetic biology, accelerating research in applications across pharma, biotech, food, agriculture, and data storage. By continuing to use this site you are consenting to these choices. For specific trademark information, see www.evonetix.com/legal, Today is National #DNA Day! CAMBRIDGE, United Kingdom-- ( BUSINESS WIRE )--EVONETIX LTD ('Evonetix'), the synthetic biology company developing a desktop platform for . Evonetixs DNA synthesis capability brings together patented semiconductor chip design and proprietary, thermally controlled synthesis chemistry, which will be integral to the Companys future gene synthesis platforms. He trained and qualified, in 1986, as a Chartered Accountant with Ernst & Young in London, UK. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. He was the first investor in DCVC-backed Totus Medicines, where he is a founding board member, and in Menten.AI. Live from Dubai, connecting Asian markets to the European opens. Prof Klenerman co-developed next-generation DNA sequencing methods that were subsequently commercialised by Solexa (now Illumina), which he also co-founded. Raquel is an experienced R&D leader with a track-record of taking new ideas from concept phase to commercialised products in the Next Generation Sequencing (NGS) space. In a highly competitive market, manufacturers need to enable their workforce to flex across new equipment, processes, and products, with a heavy focus on the alignment of people and data. Professor Sir David Klenerman is Professor of Biophysical Chemistry at the University of Cambridge, where he also earned his PhD. His investments include Napo Pharmaceuticals, Glenmark, Renovo, Phagenesis. Data Collective (DCVC) is a venture capital fund that backs entrepreneurs applying deep tech to transform giant industries. Evonetix is a Cambridge . On our trusted digital marketplace for private companies. He has written for a range of publications including a column for the New York Times and articles for many other newspapers and magazines like The Economist, The Financial Times, The Boston Globe and The Believer. -0.43%. Matthew specialises in multi-disciplinary system design, medical device development, ASIC design and opto-electronics. The companys vision is to be the operating system for frontline execution, with insight and best practices shared within and across companies, raising standards and improving workforce productivity across supply chains. The machine creates DNA primers, a short single strand of RNA or DNA (generally about 18-22 bases) that serves as a starting point for DNA synthesis. Revenue. Copyright 2023 CB Information Services, Inc. All rights reserved. The technical storage or access that is used exclusively for anonymous statistical purposes. Find out more about the individuals that . 2/7/2023. Malcolm has worked globally (being based in the UK and Australia) and also across a range of industries. Matt joined Evonetix in 2019, as Head of Mechanical Engineering, after spending 12 years at Cambridge Consultants. Look at Evonetix's recent job hiring categories, identify which sector is rapidly growing, Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions. Invest in or value your shares in one or many pre-IPO companies through an EquityZen investment vehicle. EVONETIX LTD ('Evonetix'), the synthetic biology company bringing semiconductor technology to DNA synthesis, today announced the opening of its early access program for semiconductor synthesised DNA. The company was founded in 2015 and is based in Cambridge, U.K. Promote your product offering to tech buyers.
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