What is Catalog Technologies?
Catalog Technologies is pioneering the field of automated DNA digital storage, developing technologies for the incorporation of DNA into algorithms and applications through a proprietary data encoding scheme. The company's approach leverages the inherent density and longevity of DNA to create a novel platform for data archiving and management. This innovative technology positions Catalog Technologies at the forefront of next-generation data storage solutions, addressing the exponential growth of digital information.
How much funding has Catalog Technologies raised?
Catalog Technologies has raised a total of $50M across 3 funding rounds:
Angel/Seed
$5M
Series A
$10M
Series B
$35M
Angel/Seed (2017): $5M with participation from StarVest Partners, IndieBio, Kauffman Fellows, SOSV, New Enterprise Associates, Industry Ventures, Starlight Ventures, Pathbreaker Ventures, OS Fund, and Wilson Sonsini
Series A (2020): $10M led by Horizons Ventures and Airbus Ventures
Series B (2021): $35M supported by Hanwha Impact
Key Investors in Catalog Technologies
Horizons Ventures
Horizons Ventures focuses on investing in deep science and technology aimed at advancing humanity towards a significantly improved future. The company seeks to support innovative projects that have the potential to create transformative changes.
Airbus Ventures
Airbus Ventures operates in service of deeptech entrepreneurs by investing in those enhancing the planet's best futures. The company focuses on unlocking the hypersonic economy and harnessing the power of the Solar System for the future of Earth.
Hanwha Impact
Hanwha Impact is an investor focused on driving impactful change through strategic investments in companies that contribute to a sustainable future and technological advancement.
What's next for Catalog Technologies?
With its recent major strategic investment, Catalog Technologies is poised for accelerated growth and further development of its DNA digital storage capabilities. The company's focus on enterprise-level funding suggests a trajectory towards scaling its operations and commercializing its unique data encoding technology. Future endeavors will likely involve expanding its technological infrastructure, forging strategic partnerships, and capturing a significant share of the burgeoning digital storage market. The company's commitment to advancing data storage through biological means signals a long-term vision for revolutionizing how data is stored and accessed.
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