What is Checkerspot?
Checkerspot operates at the intersection of synthetic biology and material science. By utilizing proprietary precision fermentation of microalgae, the firm designs and manufactures bio-based oils and polymers that offer superior performance characteristics compared to traditional petrochemical counterparts. Its market position is defined by its ability to integrate these sustainable ingredients into complex supply chains, ranging from outdoor equipment to industrial polymers. As the industry shifts toward circular economy models, Checkerspot provides the essential technological infrastructure to decouple material production from fossil fuel dependency, effectively bridging the gap between laboratory-scale innovation and commercial-scale manufacturing.
How much funding has Checkerspot raised?
Checkerspot has raised a total of $136.4M across 5 funding rounds:
Angel/Seed
$5M
Series A
$13M
Series B
$36M
Series C
$55M
Stock/Share Issuance
$27.4M
Angel/Seed (2018): $5M with participation from Sahsen Ventures, Godfrey Capital, KdT Ventures, Refactor Capital, DIC Corporation, and Viking Global Investors
Series A (2019): $13M led by Plug and Play Ventures, Breakout Ventures, Builders VC, Viking Global Investors, Godfrey Capital, KdT Ventures, and Sahsen Ventures
Series B (2020): $36M supported by Viking Global Investors, Cavallo Ventures, Builders VC, and Breakout Ventures
Series C (2023): $55M featuring ArrowMark Partners and Cox Enterprises
Stock/Share Issuance (2026): $27.4M, investors not publicly disclosed
Key Investors in Checkerspot
Viking Global Investors
A global investment firm specializing in research-intensive, long-term focused investments using fundamental analysis to select public and private equity interests across industries and geographies.
Breakout Ventures
A venture capital firm focused on investing in transformative companies that leverage scientific innovation and technology to create new markets, with a specific interest in sustainable biofabrication.
Builders VC
A venture capital firm focused on modernizing antiquated industries by investing in innovative technologies and solutions that reshape systems across construction, healthcare, and agriculture.
What's next for Checkerspot?
With the recent infusion of capital, Checkerspot is well-positioned to scale its production capacity and expand its commercial footprint across global markets. The strategic focus will likely center on optimizing its fermentation platforms to drive down unit costs while simultaneously deepening its penetration into high-value sectors such as performance textiles and personal care. As the company matures, the emphasis will shift toward securing long-term supply agreements with major industrial partners, further validating the economic viability of its bio-based material portfolio. The continued support from its investor base suggests a clear path toward establishing a dominant market share in the sustainable materials landscape.
See full Checkerspot company page
