ZymoChem Closes $21M Series A Round Led by Breakout Ventures with Investments from lululemon and Toyota Ventures
Summary
By pairing this financing with existing revenues from commercial partnerships and funding from the U.S. Department of Energy, ZymoChem will launch its first high-performance material and advance its first partnered product to commercial scale.To help address the climate crisis, ZymoChem rethinks how everyday products, from personal hygiene items to textiles, are produced. Visionary Partnerships: Promoting benefits of bio-based manufacturing by partnering with stakeholders across the value chain with drop-in solutions for their existing infrastructure. "ZymoChem has the most compelling technology weve seen to scale bio-based chemicals and materials while remaining cost competitive with petroleum-derived products," said Lindy Fishburne, Managing Partner at Breakout.ZymoChem is breakthrough science for a fossil-free future. Headquartered in San Leandro, CA with a satellite division in Burlington, VT, ZymoChem envisions a world in which everyday goods are bio-manufactured from 100% renewable materials and designed for a sustainable economy. Through its multi-generational, multi-product patents, ZymoChems proprietary Carbon Conserving (C2) microbes convert renewable feedstocks into bio-based materials without compromising price, performance, scale, or sustainability, while radically minimizing CO loss during production.