1849 bio
Engineering microbes for miners to unlock billions in trapped metal
Finance & PaymentsFunding
Recently funded →Investors: Collaborative Fund, Springcamp
Funding history based on public filings, grants and company announcements. Amounts marked ≈ are converted to USD at a yearly average rate. Add or correct funding
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Connections
Sign in to follow- Same investor as Kano via Collaborative Fund Source: Investor portfolio page
- Same investor as TaskRabbit via Collaborative Fund Source: Investor portfolio page
- Same investor as Dropbox via Collaborative Fund Source: Investor portfolio page
- Same investor as TaxBit via Collaborative Fund Source: Investor portfolio page
- Same investor as Gumroad via Collaborative Fund Source: Investor portfolio page
- Same investor as Fundrise via Collaborative Fund Source: Investor portfolio page
- Same investor as Algorand via Collaborative Fund Source: Investor portfolio page
- Same investor as BYJU’S via Collaborative Fund Source: Investor portfolio page
- Same investor as Petoi Quaddle:A Do-It-All Mini Robot Dog via Collaborative Fund Source: Investor portfolio page
- Same investor as Bitwise via Collaborative Fund Source: Investor portfolio page
- Same investor as Outdoor Voices via Collaborative Fund Source: Investor portfolio page
- Same investor as Long Term Stock Exchange via Collaborative Fund Source: Investor portfolio page
Connections come only from public sources: founders listed on Astracia, previous employers from public sources, disclosed investors and podcast appearances.
About 1849 bio
1849 bio designs microbes enabling cheap metal extraction allowing miners to unlock value from low quality copper and gold ores. Surprisingly, the mining industry is one of the largest scale users of biotech in the world with biomining processes accounting for ~1% of global copper production. Biomining is ultra-low cost, running around ~$1/ton of ore vs ~$7/ton for conventional processes. Unfortunately, while biomining is cheap, it can’t be applied to over 80% of copper ores, leaving vast resources without profitable extraction methods. An estimated ~$800B of copper sit today in waste materials and stockpiles with negative unit economics. While a great deal of effort has been spent on optimizing microbial metal extraction processes, very little effort has been spent on optimizing the microbes themselves. To change that, we’re creating new biotech tools and platforms applied directly to the types of biology most relevant to miners. This enables us to develop new microbes and tackle some of the most difficult problems in biomining, unlocking billions in value from unprofitable resources while being more environmentally friendly than conventional processes. We’re world class microbial engineers. We met while doing our PhDs in synthetic biology, where we spent our time applying and developing the most advanced bioengineering technologies to engineer living cells.
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