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Recently Funded|Amount: USD 3.2M|Industry: Biotechnology Research
Checkerspot Secures $3.19 Million in Funding to Advance Sustainable Biotechnology Solutions
Checkerspot

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We are excited to announce that Checkerspot, a pioneering biotechnology company at the forefront of sustainable materials innovation, has successfully raised $3,190,000 in its latest funding round. This pivotal funding will significantly enhance Checkerspot’s mission of designing and developing high-performing materials and ingredients at a molecular level, ultimately contributing to a more sustainable future. Utilizing its proprietary WING™ Platform, Checkerspot has pioneered the optimization of microalgae to create unique oils that replace conventional commodity oils and petroleum-based inputs. This breakthrough technology not only enhances the performance properties of targeted hardgoods, textiles, and personal care products but also promotes environmentally friendly practices by minimizing reliance on fossil fuels. The new funding will be used to accelerate the development of additional sustainable product applications, expand the capacity of Checkerspot's biomanufacturing facilities, and bolster research efforts aimed at refining its innovative materials further. As consumer demand for greener alternatives increases, Checkerspot stands at the intersection of biotechnology and sustainability, revolutionizing industries and championing environmental responsibility. The latest financial support marks a significant milestone for the company, empowering Checkerspot to continue its trajectory of growth and innovation while advancing the sustainability agenda across various sectors. With this funding, Checkerspot is poised to make substantial strides in the creation of sustainable materials that not only meet but exceed market expectations, ensuring a brighter, more sustainable future for products that consumers use every day.
Buying Signals & Intent
Our AI suggests Checkerspot may be interested in solutions related to:
- Performance Materials
- Biobased Ingredients
- Sustainable Products
- Commercial Partnerships
- Research and Development
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