DEAL
NEON advises UVC Partners on € 6.5m Series Seed financing round of Biomatter
Client
UVC Partners
Volume
€ 6.5 Mio.
Stage
Seed
Industry
AI
Expertise
Counsel to
Investor
5 August 2024 | NEON has advised UVC Partners on its co-lead in a €6.5 million Series Seed financing round of Biomatter. The Series Seed round was led by UVC Partners and Inventure to accelerate Biomatter’s research and development efforts, expand its team, and enhance its technology capabilities to bring AI-driven enzyme design solutions to a broader market.
The biotechnology startup is focused on using generative AI to improve enzyme design. Biomatter is at the forefront of biotechnology innovation, using advanced AI technology to improve the efficiency and precision of enzyme design. This round of funding will enable the company to scale its operations and further develop its breakthrough technology.
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