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Number 8 bio Raises $1.2 Million in Pre-Seed Funding to Revolutionize Agricultural Greenhouse Gas Emissions

Number 8 bio Raises $1.2 Million in Pre-Seed Funding to Revolutionize Agricultural Greenhouse Gas Emissions

June 19, 2023

Sydney, NSW, Australia - Number 8 bio, an Australian-based synthetic biology company specializing in engineering microbes to eliminate agricultural greenhouse gas emissions, announced today that it has successfully raised $1.2 million in a pre-seed funding round. The investment was led by Possible Ventures and Main Sequence, two prominent venture capital firms focused on transformative technologies.

Number 8 bio is at the forefront of the biotechnology industry, aiming to combat one of the most significant contributors to global climate change - agricultural emissions. The company's team of dedicated synthetic biologists is harnessing the power of synthetic biology to develop innovative microbial solutions capable of reducing ruminant methane emissions, ultimately benefiting both farmers and the environment.

"We are thrilled to have the support of Possible Ventures and Main Sequence as we continue our mission to combat agricultural greenhouse gas emissions," said Thomas Williams, Founder of Number 8 bio. "This funding will significantly contribute to our efforts in developing sustainable and cost-effective solutions for reducing ruminant methane emissions. Our team is dedicated to making a positive impact on both the agricultural industry and the global climate."

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