Fundraising Fox

Manus Bio

Augusta, US · Founded 2011 · Delaware corporation · 189 employees on LinkedIn · 9 known investors

Manus Bio uses industrial biotechnology and engineered microbial cell factories to produce "BioAlternatives" — sustainable versions of molecules normally sourced from petrochemicals, agriculture, or animal husbandry — and offers a scale-up platform covering cell factory design through biomanufacturing. Its products include sweeteners and flavor/fragrance ingredients supplied to food and consumer goods companies such as Tate & Lyle and Givaudan.

Founders & leadership

Manus Bio was founded in 2011 by Ajikumar Parayil, Aji Parayil, and Greg Stephanopoulos.

APAjikumar Parayil
Ajikumar ParayilCo-founder
AP
Aji ParayilCo-founder
GS
Greg StephanopoulosCo-founder
GS
Gregory StephanopoulosNamed on SEC filing

Board

JWJason Whaley
Jason WhaleyinCEO2011–2016General Partner at Rhapsody Venture Partners
CBCarsten Boers
Carsten BoersinBoard member2012–2018Managing Partner at Rhapsody Venture Partners
RG
Richard GoldsteinBoard director

Investors · 9

Reported raises · per SEC filings

Form D private placements

$118M disclosed across 6 rounds · 2016–2024

$11.3MraisedMay 2024 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Ajikumar Parayil KumaranDirector, Executive Officer
  • Rick GersonDirector
  • Alena IvashenkaDirector
  • Julio A. Ruiz CalderonExecutive Officer
  • Michael CarlosDirector
  • Jean NehmeDirector
Offering amount
$11.3M
Amount sold
$11.3M
First sale
Apr 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$21.2MraisedMay 2023 · 14 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • John NehmeDirector
  • Michael CarlosDirector
  • Jeremiah HuxExecutive Officer
  • Ajikumar ParayilExecutive Officer, Director
  • Rick GersonDirector
  • Alena IvashenkaDirector
Offering amount
$22.3M
Amount sold
$21.2M
First sale
Aug 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$66.2MraisedNov 2020 · 27 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Gregory StephanopoulosDirector
  • Zanna McFersonDirector
  • Raymond ChangDirector
  • Bryon AlsbergDirector
  • Michael CarlosDirector
  • Colin GoundenDirector
  • Christine SantosExecutive Officer
  • Paul BoniExecutive Officer
  • Jeff AndersonExecutive Officer
  • Ajikumar ParayilExecutive Officer, Director
Offering amount
$80M
Amount sold
$66.2M
First sale
Apr 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10MraisedJul 2018 · 15 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul BoniExecutive Officer
  • Zanna McFersonDirector
  • Michael CarlosDirector
  • Gregory StephanopoulosDirector
  • Colin GoundenDirector
  • Raymond ChangDirector
  • Ajikumar ParayilExecutive Officer, Director
  • Bryon AlsbergDirector
  • Christine SantosExecutive Officer
  • Jeff AndersonExecutive Officer
Offering amount
$12M
Amount sold
$10M
First sale
Jun 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$9.1MraisedDec 2017 · 24 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Byron AlsbergDirector
  • Michael CarlosDirector
  • Colin GoundenDirector
  • Carsten BoersDirector
  • Gregory StephanopoulosDirector
  • Ajikumar ParayilExecutive Officer, Director
Offering amount
$10M
Amount sold
$9.1M
First sale
Aug 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$300KraisedOct 2016 · 2 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard GoldsteinDirector
  • Jason WhaleyDirector
  • Carsten BoersDirector
  • Ajikumar ParayilExecutive Officer, Director
  • Gregory StephanopoulosDirector
Offering amount
$3M
Amount sold
$300K
First sale
Sep 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 2

by search overlap

Companies competing with Manus Bio for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 6 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Department of Agriculture (USDA)Phase I2018$99K
National Science FoundationPhase II2017$600K
National Science FoundationPhase I2016$225K
National Science FoundationPhase ISTTR2013$225K
National Science FoundationPhase I2013$150K
National Science FoundationPhase I2012$150K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Manus Bio do?
Manus Bio uses industrial biotechnology and engineered microbial cell factories to produce "BioAlternatives" — sustainable versions of molecules normally sourced from petrochemicals, agriculture, or animal husbandry — and offers a scale-up platform covering cell factory design through biomanufacturing. Its products include sweeteners and flavor/fragrance ingredients supplied to food and consumer goods companies such as Tate & Lyle and Givaudan.
Who founded Manus Bio?
Manus Bio was founded by Ajikumar Parayil, Aji Parayil, Greg Stephanopoulos in 2011.
Who are Manus Bio's investors?
Manus Bio's investors include +ND Capital, Civilization Ventures Management, Llc, Energy Impact Partners, Liebenthal Ventures, Nelstone Ventures, NXT Ventures, Prefix Capital, Rhapsody Venture Partners and 1 more.
How much funding has Manus Bio raised?
Manus Bio has disclosed $118M raised across 6 rounds.
Where is Manus Bio headquartered?
Manus Bio is headquartered in Augusta, US.