Fundraising Fox

C16 Biosciences

YC S18 ↗

New York City, US · Founded 2018 · Delaware corporation · 35 employees · 9 known investors

c16bio.com ↗

C16 Biosciences produces high-value lipid ingredients using fermentation of naturally occurring microorganisms for manufacturers of beauty, personal care, home care, and food products. The company's biomanufacturing platform enables sustainable production with 250x greater land efficiency than traditional ingredient sources.

BiotechCleantechClimate TechConsumerHealthtechNew MaterialsSustainabilityClimatein /c16bio/@C16Bioycombinator.com ↗

Founders & leadership· Y Combinator alumni (S18)

STShara Ticku
Shara TickuinFounder/CEO
DHDavid Heller
David HellerinFounder30 Under 30 2022
HMHarry McNamara
Harry McNamarainFounder
AS
Andrew ShumakerHe resigned as a Director effective November 20, 2018.

Investors · 9

DCVC (Data Collective)Palo Alto · $5M – $25M
Dorm RoomBrooklyn · $90K – $250K
E12 Venture Capital, LlcLos Altos
Evolution VC PartnersNew York
Sinai Capital Partners
UpHonest CapitalSilicon Valley · $50K – $1M
Y CombinatorSan Francisco · $500K
Breakthrough Energy VenturesreportedBoston · $500K – $50M
HelmreportedNew York · $500K

Reported raises · per SEC filings

Form D private placements
▶$5MraisedMar 2023 · 17 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Harold McNamaraDirector
  • Shara TickuExecutive Officer, Director, Promoter
  • Peter TurnerDirector
Offering amount
$10.2M
Amount sold
$5M
First sale
Feb 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$20MraisedMar 2020 · 45 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter TurnerDirector
  • David HellerPromoter
  • Shara TickuExecutive Officer, Director, Promoter
  • Harold McNamaraDirector, Promoter
Offering amount
$20M
Amount sold
$20M
First sale
Feb 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4MraisedNov 2018 · 33 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Harold McNamaraDirector, Promoter
  • David HellerDirector, Promoter
  • Andrew ShumakerDirector, Promoter
  • Shara TickuExecutive Officer, Director, Promoter
Offering amount
$4M
Amount sold
$4M
First sale
Aug 2018
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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