How Much Did Switch Bioworks Raise?
Funding & Key Investors

Switch Bioworks, a company focused on sustainable agriculture technology, has secured significant enterprise-level funding, with its total funding amount reaching $23.6M. The company recently announced a major strategic investment of $17M on September 5, 2024, underscoring its progress in developing innovative solutions for fertilizer production. This latest capital infusion is expected to accelerate the company's mission to revolutionize farming practices through bio-engineered microbes.

What is Switch Bioworks?

Switch Bioworks
Business ServicesResearch & Development

Switch Bioworks is at the forefront of agricultural innovation, specializing in the engineering of symbiotic microbes to produce sustainable nitrogen fertilizer. Utilizing precise genetic circuits, the company offers an eco-friendly alternative to traditional fertilizers, which are often costly, environmentally damaging, and pose supply chain risks. By enabling fertilizer production directly on plant roots, Switch Bioworks aims to reduce farmer expenses, mitigate environmental runoff, and enhance food security through more resilient agricultural systems. Their technology is particularly relevant for agricultural clients seeking affordable and green solutions.

How much funding has Switch Bioworks raised?

Switch Bioworks has raised a total of $23.6M across 2 funding rounds:

2022

Other Financing Round

$6.6M

2024

Angel/Seed

$17M

Other Financing Round (2022): $6.6M with participation from Astanor Ventures, Emerson Collective, Acre Venture Partners, and Anthos Capital

Angel/Seed (2024): $17M led by The Grantham Foundation, Acre Venture Partners, and Astanor Ventures

Key Investors in Switch Bioworks

The Grantham Foundation

The Grantham Foundation is a private foundation dedicated to combating climate change through the promotion of sustainable practices and technologies, advocating for a transition to renewable energy. It seeks to mobilize talent and innovation to address environmental sustainability.

Acre Venture Partners

Acre Venture Partners invests in companies driving change in food and agriculture, focusing on innovative technologies and infrastructure for a sustainable food system that balances human and environmental health. They emphasize impact and financial returns.

Astanor Ventures

Astanor Ventures is committed to transforming the agrifood system by supporting innovative businesses from soil to gut. They provide venture and growth capital to scale companies across the agrifood sector, backing founders focused on sustainability, health, and equity.

What's next for Switch Bioworks?

With the recent major strategic investment, Switch Bioworks is poised for significant expansion and scaling of its operations. This capital will likely fuel further research and development, enhance production capabilities, and broaden market penetration within the agricultural sector. The company's focus on sustainable fertilizer production aligns with global trends towards environmental responsibility and food system resilience, positioning Switch Bioworks for substantial growth and impact in addressing critical challenges in agriculture and national security.

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Frequently Asked Questions Regarding Switch Bioworks Financial Insights

What are the most recent funding rounds that Switch Bioworks has completed, and what were the funding rounds?
Switch Bioworks has recently completed 2 funding rounds: Angel/Seed on Sep 5, 2024, Other Financing Round on Oct 10, 2022.
What is the total amount of funding Switch Bioworks has raised to date?
Switch Bioworks has raised a total of $23.6M in funding to date.
How many funding rounds has Switch Bioworks completed?
Switch Bioworks has completed 2 funding rounds.
How much funding did Switch Bioworks raise in its most recent funding round?
Switch Bioworks raised $17M in its most recent funding round.
Who are the lead investors in Switch Bioworks's latest funding round?
The lead investor in Switch Bioworks's latest funding round was The Grantham Foundation. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Switch Bioworks's history?
The largest funding round in Switch Bioworks's history was $17M.
See more information about Switch Bioworks