Sunday, 05 February 2023

7 startups at C-CAMP raises funding worth $70M in 2022

26 August 2022 | News

Deep science innovations from C-CAMP ecosystem coming of age

Image Credit: twitter.com

Image Credit: twitter.com

Bengaluru-based Centre for Cellular and Molecular Platforms (C-CAMP) recently organised a coming-of-age event to celebrate seven startups that have raised more than $70 million or Rs 550+ crore in Series A, Series B investments and acquisitions at a total valuation of over $250 million or Rs 2000 crore, with a phenomenal quarter in 2022.  The seven startups are Bugworks ($18 M), Sea6 Energy ($18.5 M), StringBio ($20 M), Eyestem ($6.4 M), Pandorum ($6.2 M), Achira Labs and Zumutor ($4.8 M).

Dr Taslimarif Saiyed, CEO and Director, C-CAMP said, “These recent developments validate our long-standing approach to building innovation: deep-science, high-risk but game-changing, solving not only local but global problems. The second factor is the international validation from investors outside of India that underline the global relevance of these technologies. These seven could be global torchbearers of India's emerging deep science-based innovation community."

He added, "Together these seven stars are addressing humanity’s most pressing problems in healthcare, agriculture and the environment. This semi-unicorn status will only help bring their solutions to society faster.”

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