Genecis Bioindustries Inc. Asset Profile

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Year established

2017

Location

ON Canada

Primary Industry

Materials

About

Based in Ontario, Canada, and founded in 2017 by CEO Luna Yu, Genecis Bioindustries Inc. operates as a manufacturing company providing bioplastics by converting waste into polymers. In March 2023, Genecis Bioindustries Inc. raised USD 5.2 million in Series A funding from Amazon, emerald. vc and Cleantech Ventures, BDC Capital, and Khosla Ventures. The funding was part of a larger USD 15.2 million series A and debt funding. The company develops Polyhydroxyalkanoate (PHA), which is a pollution-free plastic produced from bacteria, petroleum, and microorganisms sourced from organic waste materials. Genecis Bioindustries Inc. provides single-use plastics, automotive parts and softer textiles, Medical Tools & Products, and Packing. In addition, partners with companies interested in using PHA in their supply chains, offering custom polymer and product development.

Current Investors

BDC Capital, IT-Farm, Khosla Ventures

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Primary Industry

Materials

Sub Industries

Pollution Control, Recycling, Rubber & Plastics, Biomaterials

Website

www.genecis.co

Verticals

Clean Technology

Company Stage

Series A

Total Amount Raised

Subscriber access only

Employee Data

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