A natural-cannabinoid startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow 

The Daily Dealflow newsletter delivers one startup to your inbox every work day and is presented by Silicon Valley Bank.
SVB's 2019 Startup Outlook Report is out now.
 
Startup of the Year discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, #SOTYPodcast, and more.

Biomedican

Biomedican creates pharmaceutical/therapeutic natural cannabinoids using cellular agriculture/synthetic biology. 
Biomedican has found a way to make natural cannabinoids from yeast; a process that is much cheaper, and much more environmentally friendly, than current processes. It also allows for access to all possible cannabinoids, including rare ones that either are not present in most cannabis plants or ones that are only present in minute amounts. 

What's Innovative About Their Solution?

Traditionally many therapeutic products are first derived from plant or animal sources. Biomedican uses specifically engineered microbes to create these compounds en masse (a very similar story to the production of insulin).

📍 Location

Berkeley, CA

⚙️ Product Stage

Functional Prototype

🏭 Industries

Biotech, Genetics, Pharmaceuticals,

🤑 Fundraising Status

Actively raising

💸 Total Funding
To Date

$500k-$1.5MM

🙌 Founder Demographics

 

Big Wins

  • Production strain by Q1 2020

Contact the Founder:

Max Mikheev

[email protected]

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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
 
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