How Much Did Allozymes Raise?
Funding & Key Investors

Allozymes has successfully secured a significant capital injection, bringing its total funding to $20M. This latest financing round, which contributed $15M to the company's balance sheet, marks a pivotal transition from early-stage development to a robust scaling phase. By leveraging this major strategic investment, the firm is well-positioned to accelerate its proprietary enzyme discovery platform and expand its footprint across global industrial markets.

The funding trajectory, which began with initial seed backing in 2021, demonstrates a clear maturation of the business model. As the company moves into this next chapter, the infusion of capital serves as a testament to the market demand for sustainable, high-performance biosolutions that address critical inefficiencies in traditional chemical and pharmaceutical manufacturing processes.

What is Allozymes?

Allozymes
Business ServicesResearch & Development

Allozymes operates at the intersection of biotechnology and advanced engineering, specializing in the rapid discovery and optimization of enzymes. By utilizing a proprietary microfluidics platform, the company achieves unprecedented throughput in enzyme screening, allowing for the development of bespoke biosolutions that are both environmentally sustainable and commercially viable. Their market position is defined by a versatile service model that spans the pharmaceutical, food and nutrition, and chemical sectors, effectively replacing legacy, resource-intensive processes with high-efficiency biological alternatives. This technological edge enables Allozymes to act as a critical partner for enterprises aiming to meet stringent sustainability mandates while maintaining operational excellence.

How much funding has Allozymes raised?

Allozymes has raised a total of $20M across 2 funding rounds:

2021

Angel/Seed

$5M

2024

Series A

$15M

Angel/Seed (2021): $5M with participation from TI Platform Management, HAX, Entrepreneur First, and Xora Innovation

Series A (2024): $15M led by Entrepreneur First, Seventure Partners, and SOSV

Key Investors in Allozymes

Entrepreneur First

Entrepreneur First is an international Talent Investor, which supports individuals to build technology companies. The company was established in 2011 and is headquartered out of London, UK.

Seventure Partners

Seventure Partners is an active partner of innovative companies in the fields of digital technologies and life sciences, focusing on health, nutrition, and sustainable blue economy initiatives.

SOSV

SOSV is a multi-stage venture capital investor that provides intellectual and financial capital to accelerate founders big ideas.

What's next for Allozymes?

With the recent influx of capital, Allozymes is poised to scale its engineering capabilities and deepen its penetration into high-growth life science verticals. The strategic roadmap likely involves expanding the company's library of proprietary enzymes and enhancing its licensing infrastructure to support broader industrial adoption. As the firm continues to refine its microfluidics technology, the focus will shift toward commercializing these innovations at scale, potentially disrupting traditional bioremediation and personal care supply chains. Investors are closely monitoring the company's ability to translate its technical milestones into long-term revenue growth, particularly as it navigates the complexities of global regulatory environments and competitive biotechnology landscapes.

See full Allozymes company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesProject Management
Accounting for Legal PracticesBusiness Services
Business ServicesHuman Resources Management Systems (HRMS)
Advertising NetworksBusiness Services

Frequently Asked Questions Regarding Allozymes Financial Insights

What are the most recent funding rounds that Allozymes has completed, and what were the funding rounds?
Allozymes has recently completed 2 funding rounds: Series A on May 14, 2024, Angel/Seed on Jul 6, 2021.
What is the total amount of funding Allozymes has raised to date?
Allozymes has raised a total of $20M in funding to date.
How many funding rounds has Allozymes completed?
Allozymes has completed 2 funding rounds.
How much funding did Allozymes raise in its most recent funding round?
Allozymes raised $15M in its most recent funding round.
Who are the lead investors in Allozymes's latest funding round?
The lead investor in Allozymes's latest funding round was Entrepreneur First. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Allozymes's history?
The largest funding round in Allozymes's history was $15M.
See more information about Allozymes