Genomines
Building the first generation of genetically enhanced plants for sustainable mining.
Building the first generation of genetically enhanced plants for sustainable mining.
Genomines is a biotechnology startup based in France, founded in 2021. The company's mission, as reflected in its slogan "Building the first generation of genetically enhanced plants for sustainable mining," is to genetically enhance metal hyperaccumulator plants to produce bio-sourced metals and reduce the environmental impact of mining operations. This innovative approach aligns with the growing demand for sustainable practices in traditional industries.
Genomines recently secured a significant $5.94M grant investment from Bpifrance on 16 May 2024, indicating a strong vote of confidence from a prominent investor in the biotechnology sector. This funding will likely accelerate the company's research and development efforts, further establishing its position as a key player in sustainable mining technology.
Overall, Genomines' pioneering work in genetically enhanced plants for environmental sustainability, coupled with the recent substantial investment, underscores the potential for significant impact in the biotechnology industry. As the demand for eco-conscious solutions continues to surge, Genomines appears well-positioned to leverage its innovative approach and potentially revolutionize the mining sector.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Grant | $5.94M | 1 |
|
16 May 2024 |
| Debt Financing | $2.43M | - | 01 Dec 2023 | |
| Grant | $1.00M | 1 |
|
18 Oct 2023 |
| Grant | $2.18M | 1 |
|
16 Mar 2023 |
| Seed Round | $5.20M | 4 |
|
20 Oct 2021 |
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