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ZymoChem Closes $21M Series A Round Led by Breakout Ventures with Investments from lululemon and Toyota Ventures

๐Ÿ“… Date:

๐Ÿ”– Topics: Funding Event

๐Ÿข Organizations: ZymoChem, Breakout Ventures, lululemon, Toyota

ZymoChem, creators of the worldโ€™s most carbon-efficient bio-manufacturing platform, closed a $21 million Series A round. The investment is led by Breakout Ventures with participation from new investors including lululemon athletica, inc. and Toyota Ventures, and existing investors including GS Futures, KdT Ventures, and Cavallo Ventures. 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.

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