# Pow.bio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pow-bio

- Industry: Biotechnology
- Headquarters: Berkeley, US
- Website: www.pow.bio/
- Total disclosed funding: $14M
- Latest round: Series A (Jun 16, 2023)
- Investors on record: 12

## About

Established in 2019 and based in California, US, Pow Genetic Solutions, Inc., doing business as Pow.bio, provides fermentation services for industrial and synthetic biology. The company was co-founded by Ms. Shannon Hall and Mr. Ouwei Wang. In October 2023, Pow.bio raised USD 9.5 in series A funding co-led by Gullspång Re:food, Hitachi Ventures, and Thia Ventures, with participation from Possible Ventures, XFactor Ventures,  iSelect, Climate Capital, and Vectors Angel, Bee Partners, Better Ventures, and Cantos.

Pow.bio’s services include continuous fermentation with advanced control methodology to quickly optimize the fermentation process that enables people to get high yields at low costs.

The company intends to use the October 2023 funding to support business expansion in Alameda, California, US.

## Funding rounds

- Series A, Jun 16, 2023, $12M — Better Ventures, Bee Partners, iSelect Fund Management, Cantos Ventures, XFactor Ventures, Hitachi Ventures, Vectors Angel, Gullspång Re:food, Possible Ventures, Thia Ventures, Climate Capital
- Seed, Nov 1, 2019, $1.5M — Better Ventures, Bee Partners, Cantos Ventures
- Seed, Jan 30, 2019 — Berkeley SkyDeck Fund

## Investors

- Berkeley SkyDeck Fund (https://capitalatlas.ai/funds/berkeley-skydeck-fund) — Seed
- Better Ventures — Seed, Series A
- Bee Partners (https://capitalatlas.ai/funds/bee-partners) — Seed, Series A
- Cantos Ventures (https://capitalatlas.ai/funds/cantos-ventures) — Seed, Series A
- iSelect Fund Management (https://capitalatlas.ai/funds/iselect-fund-management) — Series A
- XFactor Ventures (https://capitalatlas.ai/funds/xfactor-ventures) — Series A
- Hitachi Ventures (https://capitalatlas.ai/funds/hitachi-ventures) — Series A
- Vectors Angel (https://capitalatlas.ai/funds/vectors-angel) — Series A
- Gullspång Re:food (https://capitalatlas.ai/funds/gullspang-re-food) — Series A
- Possible Ventures — Series A
- Thia Ventures (https://capitalatlas.ai/funds/thia-ventures) — Series A
- Climate Capital (https://capitalatlas.ai/funds/climate-capital) — Series A