Ardra is engineering technologies to produce completely petroleum-free, high purity, and sustainable biochemicals.
Ardra is a startup based on technology developed at the University of Toronto. Their technology uses model-guided metabolic engineering and synthetic biology to develop biocatalysts for the production of specialty chemicals from renewable resources. Their current target is the cosmetics industry, which uses $2.6 billion worth of petroleum chemicals in a variety of products.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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May 4, 2022 | Grant | $149K | 1 | AcCELLerate ON | — | Detail |
Investor Name | Lead Investor | Funding Round |
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AcCELLerate ON | Yes | Grant |