How Much Did Michroma Raise?
Funding & Key Investors

Michroma, a San Francisco-based innovator in the biotechnology sector, has successfully secured a major strategic investment to accelerate its mission of transforming the food ingredient landscape. This latest capital injection, totaling $6.4M, underscores the growing market confidence in the company's proprietary fermentation technology. With a cumulative backing of $6.4M, Michroma is well-positioned to scale its operations and refine its fungal-based production processes, marking a significant milestone in its corporate trajectory.

What is Michroma?

Michroma
ManufacturingFood & BeverageBusiness Services

Founded in 2019, Michroma operates at the intersection of food science and industrial biotechnology. The company specializes in the development of high-performance, sustainable food ingredients derived from fungi. By leveraging advanced fermentation techniques, Michroma aims to provide the global food industry with cleaner, more efficient alternatives to traditional synthetic additives. Headquartered in San Francisco, the firm is strategically positioned within a hub of technological innovation, allowing it to attract top-tier talent and collaborate with global leaders in the food and bioengineering sectors. Its market position is defined by a commitment to replacing conventional, resource-intensive ingredients with bio-based solutions that meet the increasing consumer demand for transparency and sustainability in the food supply chain.

How much funding has Michroma raised?

Michroma has raised a total of $6.4M across 1 funding round:

2023

Angel/Seed

$6.4M

Angel/Seed (2023): $6.4M with participation from CJ CheilJedang, Be8 Ventures, and Supply Change Capital

Key Investors in Michroma

CJ CheilJedang

A South Korean conglomerate and global leader in food and bioengineering, CJ CheilJedang provides extensive expertise in large-scale production and international market expansion.

Be8 Ventures

A specialized venture capital fund focused on the food ecosystem, Be8 Ventures targets sustainable and efficient startups across the food and beverage value chain.

Supply Change Capital

An early-stage firm investing in food supply chain technology, Supply Change Capital supports founders building foundational systems for a more sustainable and equitable food infrastructure.

What's next for Michroma?

With the recent infusion of capital, Michroma is poised to transition from its foundational development phase into a period of aggressive commercial scaling. The company is expected to prioritize the optimization of its fermentation infrastructure, enabling higher production yields and broader market penetration. Strategic focus will likely remain on expanding its portfolio of fungal-derived ingredients, targeting key segments within the global food and beverage industry that are actively seeking to modernize their supply chains. As the company matures, it will likely leverage its partnerships with major industry players to navigate regulatory landscapes and establish a robust distribution network, ultimately aiming to set a new standard for ingredient intelligence and sustainable food production.

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Frequently Asked Questions Regarding Michroma Financial Insights

What are the most recent funding rounds that Michroma has completed, and what were the funding rounds?
Michroma has recently completed 1 funding rounds: Angel/Seed on Feb 1, 2023.
What is the total amount of funding Michroma has raised to date?
Michroma has raised a total of $6.4M in funding to date.
How many funding rounds has Michroma completed?
Michroma has completed 1 funding rounds.
How much funding did Michroma raise in its most recent funding round?
Michroma raised $6.4M in its most recent funding round.
Who are the lead investors in Michroma's latest funding round?
The lead investor in Michroma's latest funding round was CJ CheilJedang. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Michroma's history?
The largest funding round in Michroma's history was $6.4M.
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