Procarta Biosystems develops antibacterials through an adaptable DNA-based platform to counter the rise of drug-resistant bacterial strains.
Procarta Biosystems Ltd., established in 2007 by the scientific founders, Dr. Michael McArthur and Professor Mervyn Bibb, is a spin-out company from the John Innes Centre, Norwich, a world renowned scientific centre of excellence in plant science and microbiology.The company was initially established through Plant Bioscience Ltd (PBL), the internationally regarded group specialising in early stage technology investment and IP management, on behalf of the JIC, the Sainsbury Laboratory and the Biotechnology and Biological Sciences Research Council.Procarta received seed funding in 2008 from the Rainbow and Iceni Seedcorn Funds and is currently headquartered on the Norwich Research Park.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 10, 2010 | Series Unknown | £730K | 1 | — | — | Detail |
Jun 6, 2008 | Series Unknown | $631K | 1 | — | — | Detail |
Jul 1, 2007 | Series Unknown | £320K | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Iceni Seedcorn Fund | — | Series Unknown |
NW Brown Ventures | — | Series Unknown |