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Recently Funded|Amount: USD 4.0M|Industry: Biotechnology

Molecular Assemblies, Inc. Secures $4M Grant to Revolutionize DNA Synthesis Technology

Molecular Assemblies, Inc.

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51-200 employees employees (Est.)
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Molecular Assemblies, Inc., a pioneering force in life sciences, has successfully raised $4 million in its latest funding round, a significant boost that underscores the growing demand for innovative DNA synthesis technologies. Headquartered in the vibrant biotech hub of San Diego, Molecular Assemblies is leading the charge in enzymatic DNA synthesis through its patented Fully Enzymatic Synthesis (or FES™) technology. By mimicking the natural process by which DNA is made, FES enables the production of long, high-quality, sequence-specific DNA in a manner that is not only reliable but also affordable and sustainable. This groundbreaking approach is poised to revolutionize the landscape of DNA-based products across various industries, including industrial synthetic biology and precision medicine. Furthermore, it has promising implications for emerging fields such as nanomachines and bio-based electronics. The funds raised will be critical in advancing the development and commercialization of this transformative technology, allowing Molecular Assemblies to scale its operations and expand its research capabilities. With this infusion of capital, the company aims to accelerate its mission of making high-quality DNA accessible to researchers and businesses alike, ultimately advancing the applications of genetic science in numerous sectors. As the global demand for DNA-based solutions escalates, Molecular Assemblies is well-positioned to play a pivotal role in shaping the future of biotechnology and its applications worldwide.
August 30, 2024

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