Press Release: Annual Synthetic Biology Industry Investment Update, Over $1 Billion USD Invested in Past 12 Months
- Monday, 13 March 2017
SynBioBeta released today its annual Industry Investment Update, which you can download here: SynBioBeta 2017 Investment Update.
Report highlights include:
- Over $1 billion USD invested in the last 12 months
- Over 410 companies in the industry
- Investments led by Silicon Valley tech investors
- Tech founders are turning biology into a tech discipline
- Falling cost of reading and writing DNA is making biology faster, better and more cost-effective to engineer
- Synthetic biology movement is making biology easier to engineer
The industry is rapidly evolving, with tools and platforms making way for applications that include designer biomaterials, consumer products, platforms for environmental sustainability, metabolic engineering, the circular economy, hardware, software, automation and healthcare.
“The global synthetic biology industry raised over 1 billion USD in 2016, and the industry continues to show very strong signs of growth,” said John Cumbers, PhD, Founder of SynBioBeta.
On 4-6 April 2017, SynBioBeta, with the support of event host SynbiCITE, will once again bring together the synthetic biology community for the 5th Annual SynBioBeta London 2017 Conference at Imperial College London, UK. Press can meet and interview a number of the companies in the industry at this year’s conference.
The focus of SynBioBeta London 2017 is to connect the global synthetic biology community by fostering participation and dialogue between entrepreneurs, business executives, tech practitioners, technology scouts, academics, investors, and other great minds driving the latest commercial developments in the industry.
SynBioBeta is the leading community of entrepreneurs, investors, policy-makers and enthusiasts devoted to the responsible growth of the synthetic biology field. They host international synthetic biology conferences and events that bring the entire community together several times each year, giving anyone the opportunity to meet with the bright minds building and shaping the bioeconomy.
SynBioBeta also offers a highly specialized weekly industry e-digest, news blog and educational courses in addition to providing companies in the industry with opportunities for advertising, exhibition and sponsorships for promotion.