Media
DMC Welcomes Inflation Reduction Act Inclusion of Advanced Manufacturing
11 August 2022 – The Inflation Reduction Act approved by the US Senate this week will lead to the direct investment of $369 billion in energy security and climate change programs over the next ten years. It is expected to go to the House of Representatives in the...
DMC Appoints Kenny Erdoes as COO
17 May 2022 – DMC Biotechnologies has appointed Kenny Erdoes as Chief Operating Officer (COO), effective immediately. Kenny has more than 20 years of experience in process engineering, project development and manufacturing operations. Kenny Erdoes is a chemical...
DMC Appoints Kelly Smith as VP R&D
Matt Lipscomb, Ph.D., CEO & Co-Founder of DMC said, “Kelly has exceptional leadership qualities with a track record of building engaged, high-trust and high-results teams. As we expand our operations at DMC, we are excited to welcome Kelly to the team.”
Subsequent Close of Series B Financing, Total Raised $39 million
31 January 2022 – DMC Biotechnologies, Inc. announces that strategic investors Continental Grain Company, through their venture arm Conti Ventures, and Toyobo have joined the Series B fundraising round, bringing the total raised to $39 million. DMC previously...
In the Media
06 NOV 2023
Biotech with Duke ties expanding in Morrisville
bizjournals.com
A biotechnology company is expanding its operations near Research Triangle Park as it
moves toward commercializing its first product.
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21 SEP 2023
Controlling microbial fermentation processes and solving industrial biotechnology challenges
Techblitz.com
Eriko Yamane interviews DMC CoFounder & CEO, Matt Lipscomb about the opportunities to make great use of biotechnology in the industrial field.
Read The Full Article in English
14 SEP 2023
$50M VC Funding for Sustainably Produced Chemicals Using Fermentation — Matt Lipscomb, Founder & CEO of DMC Biotechnologies. Podcast Episode #146
Entrepreneursforimpact.com
Chris Wedding talks with DMC CoFounder & CEO, Matt Lipscomb.
DMC is a Boulder-based biotech company that sustainably produces bio-based chemicals using fermentation, with over $50M in VC funding and a team of over 40 people.
Listen to the Podcast
19 JUL 2023
On the Importance of Made to Scale, Sustainable Chemicals for Products
SustainableBrands.com
Consumers deserve access to functional, sustainable, and affordable products without having to sacrifice quality or their health. Scalable, bio-based chemicals hold tremendous promise in accomplishing these goals.
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30 NOV 2022
Precision Fermentation Can Lead the Way to Sustainability in the Chemical Industry
American Institute of Chemical Engineers
Industrial biotechnology offers an avenue for large-scale production of chemicals without requiring petroleum feedstocks. One company’s innovations in this space hold promise for meeting decarbonization goals in the chemical industry.
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11 NOV 2022
Reshore Supply Chains to Strengthen Food Security
FoodLogistics.com
The United States is uniquely poised to reshore crucial supply chains to strengthen food security. But, fortifying food security can only be truly accomplished by supporting U.S. manufacturers in onshoring production and prioritizing investment.
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04 NOV 2022
10 START-UPS to Watch; DMC Biotechnologies
Chemical & Engineering News; Volume 11, Issue 39
Rick Mullin talks to DMC Biotechnologies cofounders Matt Lipscomb, CEO, and Mike Lynch about DMC’s technology.
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13 OCT 2022
An interview with Kelly Smith, VP R&D DMC Biotech
ilbioeconomista.com
Kelly Smith, VP R&D at DMC Biotech talks with Il Bioeconomista. Interview by Mario Bonaccorso.
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11 FEB 2022
US bio-based chemical company DMC attracts additional strategic investors
FeedNavigator.com
Jane Bryne talks with Matt Lipscomb, CEO and co-founder of DMC Biotechnologies…
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23 JAN 2022
Forget the hype. Invest in technology that makes sense
Bio Market Insights
Rob van der Meij, Partner at Capricorn Partners sat down with Kathryn Sheridan from Sustainability Consult to share his insider perspective from the world of biotech financing…
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09 DEC 2021
DMC Biotechnologies Receives $34 Million Series B Funding
Cosmetics and Toiletries
Top investors include Solvay Ventures, Cibus Enterprise, Capricorn Partners, Sofinnova Partners, Breakthrough Energy Ventures, SCG, Boulder Ventures and Michelin.
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06 DEC 2021
DMC Biotechnologies raises $34M in funding round led by Cibus Enterprise
FoodBev Media
ADM Capital Europe’s Cibus Enterprise, a sustainable food and agriculture fund company, has led a $34 million Series B funding round for US company DMC Biotechnologies…
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17 SEP 2021
Changing the paradigm for bioprocessing
Speciality Chemicals Magazine
Matt Lipscomb, CEO and co-founder of DMC Biotechnologies, talks about standardising metabolic engineering and fermentation to make it a predictable engineering discipline…
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16 MAY 2021
DMC’s fermentation broth, downstream processing for L-alanine proven at scale.
Biofuels Digest
The purification of L-alanine from the fermentation broth was successfully completed for more than 6,000 kg of product. Product release testing has demonstrated that rigorous customer specifications for L-alanine were met.…
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21 APR 2021
DMC and Conagen partner to manufacture L-alanine
Manufacturing Chemist
NL-alanine is a naturally occurring amino acid used in homecare products, human nutrition, and pharmaceutical applications. DMC Biotechnologies and Conagen have entered into a manufacturing agreement for the commercial production of DMC’s first product, L-alanine…
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26 NOV 2020
An interview with Matt Lipscomb, CEO DMC Bio
Il Bioeconomista
”We are hoping that the next US government will take climate change seriously and will take material steps to improve its leadership on the global stage.” To say it – in this exclusive interview with Il Bioeconomista – is Matt Lipscomb, CEO of DMC Bio, the US company which is producing bio-based chemicals using fermentation…
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07 SEP 2020
In COVID-19 world, biobased industries key to rebuilding a strong, sustainable economy
BIOFUELS DIGEST
The globalization trend of the last 20 years focused on driving down the cost of manufacturing at the expense of all other factors. One of the impacts of the COVID-19 pandemic has been the realization of the fragility of current global supply chains…
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28 AUG 2020
EY Announces Entrepreneur Of The Year® 2020 Mountain Desert Award Finalists
EY
Celebrating the unstoppable entrepreneurs whose ambitions transform our world
Ernst & Young LLP (EY US) today announced the finalists for the Entrepreneur Of The Year® 2020 Mountain Desert Region Award. The Mountain Desert Region program celebrates entrepreneurs from Arizona, Colorado and New Mexico…
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01 MAR 2020
Metabolic Engineering Allows Robust, Standardized Fermentation That Is Predictive At Scale
CHEMICAL ENGINEERING ONLINE
Production of bio-based chemicals has important environmental, cost and functional benefits, but historical approaches have lacked robustness to the commercial process environment and have proven costly to develop. A platform technology developed by DMC Biotechnologies…
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10 FEB 2020
How Dr. Matt Lipscomb, CEO Of DMC Biotechnologies Raised More Than US$15M To Simplify Biology For A Sustainable Future?
ASIATECHDAILY
Dr. Matt Lipscomb is the CEO and Founder of DMC Biotechnologies, Inc. His career has included a range of development stages from early R&D to commercial deployment in a variety of sectors, including both industrial and pharmaceutical biotechnology…
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06 FEB 2020
DMC Biotechnologies successfully produces L-alanine at pilot scale
BIOFUELS DIGEST
In Colorado, DMC Biotechnologies has successfully produced its lead product, L-alanine, at pilot scale. Commercial key performance metrics were achieved and performance from the bench scale was also demonstrated at 3m3scale fermentation and for each of the downstream purification unit operations…
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16 DEC 2019
DMC Biotechnologies Series A funding round totals near $11.3 million
BIOFUELS DIGEST
In Colorado, DMC Biotechnologies has completed additional closings as part of the Company’s Series A funding round which was led by Sofinnova Partners. Boulder Ventures VII L.P. (BV) and SCG have now joined the Series A round bringing the total close to $11.3 million…
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12 DEC 2019
Simplifying Biology for Biochemicals: The Digest’s 2019 Multi-Slide Guide to DMC’s Metabolic Engineering Tech
BIOFUELS DIGEST
“Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away.” – Antoine de Saint-Exupery
Digital biology, synthetic biology and metabolic engineering are not all the same – just ask Matt Lipscomb, CEO and Founder of DMC who shared this presentation at ABLC NEXT in San Francisco…
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19 NOV 2019
DMC Biotechnologies receives additional NSF commercialisation award
BIOENERGY INTERNATIONAL
The US National Science Foundation (NSF) has awarded an additional US$500 000 to DMC Biotechnologies Inc., through its Small Business Innovation Research (SBIR) Phase IIB program. This is in addition to over US$960 000 previously awarded to DMC by NSF through the SBIR Phase I and II programs…
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11 JUL 2019
DMC raises $10.3 million Series A equity financing led by Sofinnova Partners
BIOFUELS DIGEST
In Colorado, DMC, an early-stage biotechnology company, announced that is has raised a $10.3 million Series A equity financing led by Sofinnova Partners. The company also announced the addition to its Board of Directors of Josko Bobanovic, Partner and Manager of the Sofinnova Industrial Biotech Fund…
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01 MAR 2019
Issue 13 (DMC – Shaking Up The Chemicals Industry p. 32)
BIO MARKET INSIGHTS
For the last 15-20 years, numerous companies have been using various biotechnology approaches in an attempt to develop economically viable routes for various bio-based products. These approaches have traditionally taken a long time and used a significant amount of money to do so…
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10 DEC 2018
Biotechnology Boost – Matt Lipscomb, PhD, Founder and CEO of DMC Limited – Understanding the Biotechnology Industry, from Processes to Products
FINDING GENIUS PODCAST
Matt Lipscomb, Ph.D., founder, and CEO of DMC Limited (dmcbio.com) delivers a thorough overview of the current state of industrial biotechnology. Dr. Lipscomb is a veteran of the industrial and pharmaceutical biotechnology field…
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04 OCT 2018
Boulder energy startup DMC Biotechnologies among investments from Bill Gates-backed venture firm
BIZWEST
BOULDER — DMC Biotechnologies, a Boulder-based technology firm, is one of several startups receiving investment from Breakthrough Energy Ventures, the investment fund backed by Bill Gates, Jeff Bezos, Richard Branson, Michael Bloomberg and other titans of industry…
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17 SEP 2018
Bill Gates, Jeff Bezos, and other influential billionaires are investing in 9 startups that are solving the trickiest problems with energy and water — here’s the list
BUSINESS INSIDER
Bill Gates, Jeff Bezos, Michael Bloomberg and a host of their uber-rich compatriots are investing in nine energy startups that could solve some of the biggest problems in transitioning the world to a greener future…
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28 AUG 2018
Expert View: Invest-ability of the bio-economy.
BIO MARKET INSIGHTS
Capricorn Venture Partners (CVP) believes the bio-economy is turning into a world economy writes Rob van der Meij. The momentum is definitely picking up with a variety of companies going into commercial stages after a long development road, as well as a lot of new initiatives these past few years…
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22 NOV 2017
Speed, baby, speed: The Digest’s 2017 Multi-Slide Guide to DMC
BIOFUELS DIGEST
DMC’s technology enables reproducibility and robustness to scale; Production of a diversity of targets using a single bioprocess; HTS approaches that translate to full scale performance — and the company says, “50X improvement in speed and cost of product development.”…
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10 NOV 2017
NSF awards grant to DMC Biotechnologies for high throughput metabolic engineering platform development.
BIOFUELS DIGEST
In Colorado, DMC Biotechnologies was awarded a National Science Foundation Small Business Innovation Research Phase II grant for $600,000 to commercialize their proprietary high throughput metabolic engineering platform that enables the rapid development of microbial hosts for the production of a broad diversity of bio-based products…
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18 OCT 2017
USDA Helps Small Businesses Develop New Agricultural Products, Technology
NATIONAL INSTITUTE OF FOOD AND AGRICULTURE UNITED STATES DEPARTMENT OF AGRICULTURE
WASHINGTON, D.C., Oct. 18, 2017 – The U.S. Department of Agriculture’s (USDA) National Institute of Food and Agriculture (NIFA) today announced grants to help bring agricultural business ideas from the drawing board to the marketplace. Funding is made through NIFA’s Small Business Innovation Research Program…
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05 MAR 2017
11 companies advance in Maine’s Born Global Challenge
BIOFUELS DIGEST
At ABLC 2017, Maine’s Born Global Challenge named Core Biofuels, DMC, CRI, D4 Energy Group, Concord Blue, Ark Power Dynamics, NuFuels, Visolis, Phytonix, Renmatix and Sweetwater Energy as the first set of prequalified companies…
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26 DEC 2016
Ultra-Low Cost Product Development: The Digest’s 2016 8-Slide Guide to DMC
BIOFUELS DIGEST
DMC’s technology enables reproducibility and robustness to scale; Production of a diversity of targets using a single bioprocess; HTS approaches that translate to full scale performance — and the company says, “50X improvement in speed and cost of product development.”…