Life changing start-ups chosen by SOSventures are this Wednesday (12th August) strutting their stuff at Cork based IndieBio accelerator programme summer party and demo dinner and will pitch their products and services to an audience which will include a host of international investors, industry, academic and scientific partners.
The IndieBio “Demo Day” is the culmination of the €800K (USD $900,000) investment made by SOSventures in the IndieBio accelerator programme - the world’s first and only synthetic biology accelerator programme that focuses on entrepreneurs building technologies in or around the field of synthetic biology which is where science, technology and engineering intersect.
Bill Liao, a founder of IndieBio and European venture partner for SOSventures said, “I am really excited about this years’ IndieBio Demo Day, having seen first-hand the work being carried out by these teams of pioneering entrepreneurs and scientists in the laboratories of University College Cork over the last number of months. It is also thrilling to see level of interest from international venture capitalists and industry partners in the IndieBio accelerator programme and its start-ups, which has grown significantly over a very short space of time.”
“From developing yogurts that will make people live longer, to working on revolutionary ways to develop new medicines, to creating peanuts without allergens and ocean-friendly fish-farming feed, I believe at this year’s Indie Bio Demo Day, we are going to witness the birth of some world changing biotech solutions which, in the near future will have the potential to change major industries.” continued Bill Liao, a founder of IndieBio and European venture partner for SOSventures
The 9 start-ups drawn to Cork from Austria, Canada, France, the United States and Ireland have each received approximately $100,000 each, which is made up of cash investment, access to state of the art lab space in University College Cork as well as mentorship from SOSventures global network of top experts from industry and academic partners.
This years’ EU IndieBio companies are:
- Ageria: Developing foods beneficial to health and longevity.
- Aranex Biotech: Creating a Peanut without allergens
- BioCellection: Creating an ocean-friendly fish-farming feed that provide the nutritional requirements of commercially farmed fish without relying on by-catch or trawler-caught fish produce
- Efflorus: Producing high-value fragrance compounds from micro-organisms
- GlowDX: Creating a diagnostic DNA computer for neglected tropical disease
- PiLi: Developing colours for manufactures from natural sources that won’t hurt the planet or customers’ pockets
- Prospective Research Inc: Working on a revolutionary way to discover new medicines from dirt
- Saphium: Designing bioplastic-producing 'electricity-eating bacteria” that eat CO2 and release cheaply-purifiable plastic granules, ready for big or small manufacturing including 3D printing
- Sothic Bioscience: Guaranteeing the supply of critical medical safety-testing compounds and in doing so, saving a number of endangered species including the Horseshoe Crab
For more information go to eu.indiebio.co