Arzeda Secures $38M in Oversubscribed Funding Round to Advance Protein Design Commercialization Efforts
Arzeda, the Protein Design Company™, today announced the closing of a $38M oversubscribed funding round. This fundraise brings in new investments from Sofinnova Partners, Fall Line Capital, Sucden Ventures, Silver Blue, and the venture arm of W.L. Gore & Associates (makers of Gore-Tex®), which has been in a joint development agreement with Arzeda since 2022. Previous investors also participated in the round, including the venture arm of the Continental Grain Company, Bunge Ventures, and Lewis
Arzeda Announces Joint Development Agreement with W. L. Gore & Associates to Further Leverage the Power of Designer Proteins
Arzeda has entered a joint development agreement with W. L. Gore & Associates, a global leader in advanced materials science, following the success of the companies’ initial collaboration announced in 2022.