Funding round
FabricNano Seed
FabricNano, which works in enzyme-based biocatalyst development in London, raised $3.3M in a Seed round announced on 1 Dec 2019. It is FabricNano's first venture round on record.
$3.3M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
FabricNano did not disclose a valuation in this round. It is FabricNano's first venture round on record, 1 year after it was founded in 2018. It is 21% of the $16M FabricNano has raised in the venture rounds on record. FabricNano raised again 18 months later: a Series A round of $13M in Jun 2021.
FabricNano's funding rounds
FabricNano has 2 venture rounds on record. This one is highlighted.
- Seed this round 1 Dec 2019 $3.3M
- Series A 30 Jun 2021, led by Atomico $13M
Comparable rounds
How it compares
15 Seed rounds in Chemicals within a year either side disclosed an amount; the median was $1.5M, and this round was 2.2 times the median. The closest in time, other companies' Seed rounds in Chemicals:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Chemicals | 1 Dec 2019 | $15M | not disclosed | not named |
| Chemicals | 9 Dec 2019 | $150K | not disclosed | not named |
| Chemicals | 1 Jan 2020 | $2.5M | not disclosed | not named |
| Chemicals | 13 Feb 2020 | undisclosed | not disclosed | June Fund and JLR Star |
| Chemicals | 17 Sep 2019 | $2.5M | not disclosed | SOSV |
| Chemicals | 25 Jun 2020 | $6.9M | not disclosed | Horizons Ventures |
| Chemicals | 8 Jun 2020 | $3.0M | not disclosed | Prime Impact Fund |
| Chemicals | 1 Jun 2020 | $2.0M | not disclosed | Progress Tech Transfer |
Questions
Frequently asked
How much did FabricNano raise in its Seed round?
FabricNano raised $3.3M in its Seed round, announced in Dec 2019.
What was FabricNano's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Chemicals?
15 Seed rounds in Chemicals within a year either side disclosed an amount; the median was $1.5M, and this round was 2.2 times the median.
Did FabricNano raise again after this round?
Yes: a Series A round in Jun 2021 of $13M.