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

Venture Capital

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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