What is Demetrix?
Founded in 2015 and headquartered in Berkeley, California, Demetrix leverages scientific innovation to produce health and wellness products. The company specializes in rare, high-purity cannabinoids derived from fermentation processes, targeting both pharmaceutical and consumer applications. Demetrix boasts a multidisciplinary team with extensive expertise in research and development, production, regulatory affairs, and commercialization, aiming to bring advanced fermentation products to market. The company's commitment to science-backed solutions positions it within the rapidly evolving biotechnology and wellness sectors.
How much funding has Demetrix raised?
Demetrix has raised a total of $61M across 2 funding rounds:
Angel/Seed
$11M
Series A
$50M
Angel/Seed (2019): $11M with participation from Horizons Ventures
Series A (2019): $50M led by Tuatara Capital and Horizons Ventures
Key Investors in Demetrix
Horizons Ventures
Horizons Ventures is a venture capital firm with over 20 years of experience supporting entrepreneurs in transforming startup ventures into successful companies. They are known for their active involvement and equity financing, partnering with visionary and pragmatic entrepreneurs.
Tuatara Capital
Tuatara Capital is a venture capital firm dedicated to empowering innovative entrepreneurs. They focus on building foundational partnerships with portfolio companies, offering guidance and resources throughout the business lifecycle to foster growth and success.
What's next for Demetrix?
The recent major strategic investment signifies a pivotal moment for Demetrix, likely enabling the company to scale its production capabilities, expand its research and development initiatives, and broaden its market reach. This strategic backing suggests confidence from investors in Demetrix's proprietary fermentation technology and its potential to capture significant market share in the burgeoning cannabinoid and health product industries. Future growth will likely focus on regulatory approvals, product line expansion, and strategic partnerships to further solidify its position as a leader in science-driven wellness solutions.
See full Demetrix company page