The biotech, member ofCataloniaBio & HealthTech, has just closed a first seed round of €1.3M, led by the European venture Elaia Partners. With this new capital injection, the company, specializing in computational engineering for enzyme discovery and optimization, plans to boost its current portfolio and catalyze widespread use in industry to promote a new generation of products leading the transition towards a more sustainable future. They also opened a laboratory in the Barcelona Science Park.
Zymvol is a leading global player in the computational enzyme discovery and design field. Since its foundation in 2017, it has invested more than €4 million in R&D and has participated in more than 80 highly innovative and competitive projects worldwide, collaborating with important companies in the pharmaceutical and chemical sector, and large suppliers of the food and nutrition industry such as Archer Daniels Midland (ADM).
Now, with a team of more than 20 and offices both in Barcelona and Boston, the company is ready to take the next steps: from scaling the business, increasing its workforce and inaugurating a new lab space at the Barcelona Science Park, to maximizing the potential of its own portfolio of enzymes, with applications in areas such as sustainable material production and degradation, as well as creating better ingredients for food and cosmetics.
“Computational enzyme design is an industry changer with a vast array of applications in sectors like pharmaceutical, chemical, and other industries. With Zymvol, we are proud to back experts in enzyme engineering that can deliver across multiple sectors which face challenges such as: accelerating drug production, recycling polymers or need to consume drastically less water and energy”, states Sébastien Lefebvre, partner at Elaia.
“We chose to work with Elaia for their expertise in the digital and life sciences and their well-established track record supporting deep tech entrepreneurs ”, states Maria Fátima Lucas, cofounder and CEO of Zymvol, who was awarded in 2020 with the EU Prize for Women Innovators.
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