Just to take food as an example, you have a handful of companies working on milk, a dozen more working on things like yogurt and cheese, on egg protein and then on lipids and fats and all sorts of things.Īs GFI has helpfully laid out, generally fall into two camps: cultivated and cellular ag stuff and then the precision fermentation. There’s so much innovation happening in synthetic biology. But the ability to produce it at staggering volumes just doesn’t exist. That biology is going to be the thing that gives us so many of our materials, energy, fuels, and food. We’re living on the cusp of a revolution that’s going to be powered by biology. JL: I co-founded Synonym at the beginning of the year. Lachter ( JL) recently chatted with AFN about the promise of this new tool as well as his own journey into the biotech industry. “There’s so much more demand for capacity, and not all of is taken.” “By putting some of this information online, we saw the opportunity to create a more transparent market,” Synonym co-founder and chief business officer Joshua Lachter tells AFN.
Synonym partnered with the Good Food Institute, Blue Horizon and the Material Innovation Initiative for Capacitor.
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This week, the company also released Capacitor, a free database of microbial fermentation facilities worldwide that startups can use to find production space and capacity.
Synonym raised pre-seed capital earlier this year from Andreessen Horowitz, Blue Horizon and others. It does so through its finance and development platform that serves both startups in need of infrastructure and investors wanting to fund it. Instead, the company connects such startups with the infrastructure they need to produce at greater volumes. US-based Synonym isn’t itself a fermentation startup. As more precision fermentation startups emerge, the need for more production capacity also increases.
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