# Modern Synthesis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/modern-synthesis

- Industry: Materials
- Headquarters: London, UK
- Website: www.modern-synthesis.com
- Total disclosed funding: $9.6M
- Latest round: Seed (Feb 5, 2025)
- Investors on record: 12

## About

Based in London, UK, and founded in 2019, Modern Synthesis Limited is a biomaterial company. The company was founded by Jen Keane (CEO) and Ben Reeve (CTO). In June 2022, Modern Synthesis raised USD 4.1 million in seed funding from Acequia Capital, Climate Capital, Collaborative Fund, and Possible Ventures.

Modern Synthesis offers a biotechnology platform, a design platform that uses biology, materials science, and engineering to design biomaterials by combining biofilm with a natural textile. The platform uses bacteria to transform sugar from agricultural waste and then converts this waste into nanocellulose, a biodegradable material, and supplies these materials to the fashion industry. The firm uses microbial weaving technology to create its materials.

The company plans to use the funds raised in June 2022 to expand its team, increase R&D activities, and build on microbial textile platforms and its pilot facility.

## Funding rounds

- Seed, Feb 5, 2025, $5.5M — Collaborative Fund, Artesian, Extantia
- Seed, Jun 1, 2022, $4.1M — Collaborative Fund, Acequia Capital, AgFunder, Taihill Venture, IMO Ventures, Parley For The Oceans, Petri, Ponderosa Ventures, Possible Ventures, Climate Capital

## Investors

- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Seed
- AgFunder (https://capitalatlas.ai/funds/agfunder) — Seed
- Taihill Venture (https://capitalatlas.ai/funds/taihill-venture) — Seed
- IMO Ventures (https://capitalatlas.ai/funds/imo-ventures) — Seed
- Parley For The Oceans — Seed
- Petri (https://capitalatlas.ai/funds/petri) — Seed
- Ponderosa Ventures (https://capitalatlas.ai/funds/ponderosa-ventures) — Seed
- Possible Ventures — Seed
- Climate Capital (https://capitalatlas.ai/funds/climate-capital) — Seed
- Artesian (https://capitalatlas.ai/funds/artesian) — Seed
- Extantia (https://capitalatlas.ai/funds/extantia) — Seed