Zymergen, who has invested $130 million in Softbank, will have a flaw in the medical field.

Zymergen, who has invested $130 million in Softbank, will have a flaw in the medical field.

Recently, the US startup Zymergen received a $130 million investment from Softbank Group, and the Nobel Prize winner in physics and former US Secretary of Energy Zhu Yiwen joined the board of directors. The company, which was founded just three years ago, suddenly became a high-profile "star" company. Prior to this, Zymergen received seed round financing in 2014 and in 2015 acquired a 44 million A round of financing led by Data Collective.

Founded in 2013, Zymergen is headquartered in the San Francisco Bay Area. The company uses machine learning and other techniques to reorganize the genetic structure of microbes that have been used in industrial processes including generic drug production. However, investors hope that this technology will achieve even greater breakthroughs.

According to Forbes magazine, before the founding of Zymergen, two founding partners, Jed Dean and Zach Serber, studied microbes at the synthetic biology company Amyris. They tried to study whether they could use modified microbes to produce new materials. However, with the traditional technology, about 10 scenarios can be tested in one month, and the slow experimental process is quite annoying. Thus, the idea of ​​using robotics to speed up the experimental process has emerged.

Zymergen, who has invested $130 million in Softbank, will have a flaw in the medical field.

Financing (Source: Angel.co)

Soon, Jed Dean and Zach Serber co-founded Zymergen, a new approach to discovering the ideal microbes for industrial production. They will use robots, big data and machine learning to test thousands of strains, which is several times faster than traditional methods.

After the establishment of Zymergen, former Norcob Capital Partner Joshua Hoffman was hired as CEO, and Joshua Hoffman previously served as General Manager and member of the Management Committee of a commercial bank of the Rothschild family in the United States. "(Experimental) is to constantly try new ideas, to develop, test, and repeat."

Joshua Hoffman said, “If you compare labs 100 years ago and today, you will find that there is little difference in the fashion trends except for clothing and hairstyles.”

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