# Genecis Bioindustries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/genecis-bioindustries

- Industry: Materials
- Headquarters: Canada
- Website: www.genecis.co
- Total disclosed funding: $14M
- Latest round: Series A (Mar 1, 2023)
- Investors on record: 16

## About

Based in Ontario, Canada, and founded in 2017 by CEO Luna Yu, Genecis Bioindustries Inc. operates as a manufacturing company providing bioplastics by converting waste into polymers. In March 2023, Genecis Bioindustries Inc. raised USD 5.2 million in Series A funding from Amazon, emerald. vc and Cleantech Ventures, BDC Capital, and Khosla Ventures. The funding was part of a larger USD 15.2 million series A and debt funding.

The company develops Polyhydroxyalkanoate (PHA), which is a pollution-free plastic produced from bacteria, petroleum, and microorganisms sourced from organic waste materials. Genecis Bioindustries Inc. provides single-use plastics, automotive parts and softer textiles, Medical Tools & Products, and Packing. In addition, partners with companies interested in using PHA in their supply chains, offering custom polymer and product development.

## Funding rounds

- Series A, Mar 1, 2023, $5.2M — BDC Capital, Khosla Ventures, Cleantech Ventures, Amazon, emerald.vc
- Series A, Aug 4, 2022, $7M — BDC Capital, IT-Farm Corporation, Khosla Ventures, AME Cloud Ventures, The Kraft Heinz Company, Gullspång Re:food
- Seed, Oct 28, 2021 — Asymmetry Ventures
- Seed, Apr 17, 2020 — Asymmetry Ventures
- Seed, Sep 15, 2019, $1.7M — Y Combinator, Sustainable Development Technology Canada, Globalive Capital, Liquid 2 Ventures, GCI Capital, Sunhope Capital

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Sustainable Development Technology Canada (https://capitalatlas.ai/funds/sustainable-development-technology-canada) — Seed
- Globalive Capital (https://capitalatlas.ai/funds/globalive-capital) — Seed
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed
- GCI Capital (https://capitalatlas.ai/funds/gci-capital) — Seed
- Sunhope Capital (https://capitalatlas.ai/funds/sunhope-capital) — Seed
- Asymmetry Ventures (https://capitalatlas.ai/funds/asymmetry-ventures) — Seed
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A
- IT-Farm Corporation (https://capitalatlas.ai/funds/it-farm-corporation) — Series A
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A
- AME Cloud Ventures (https://capitalatlas.ai/funds/ame-cloud-ventures) — Series A
- The Kraft Heinz Company — Series A
- Gullspång Re:food (https://capitalatlas.ai/funds/gullspang-re-food) — Series A
- Cleantech Ventures (https://capitalatlas.ai/funds/cleantech-ventures) — Series A
- Amazon (https://capitalatlas.ai/funds/amazon) — Series A
- emerald.vc — Series A