Press Releases
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...
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...
DMC Announces First Close of Series B Financing, Raising $34 million
2 December 2021 – DMC Biotechnologies has completed the first close of its Series B fundraising, raising $34 million (USD) with investment from Cibus Enterprise, Capricorn Partners, Sofinnova Partners, Breakthrough Energy…
DMC’s Downstream Processing Proven At Scale
13 May 2021 – DMC Biotechnologies has completed downstream processing for its first product, the amino acid L-alanine. The downstream processing was done at EW Biotech in Leuna, Germany following the successful demonstration of…