Bio-entrepreneurs find it hard to obtain funding especially during the early stages of set-up. IndieBio is the world’s first accelerator dedicated to help and support early stage biology startups. Backed by SOSventures, IndieBio has started a $200million dollar VC fund. They are offering a total package of $100k, including $50k in cash. IndieBio, a dedicated biolab in San Francisco, brings together the world’s leading scientists and entrepreneurs to revolutionize the way biotech is done. Startups will receive free access for one year and a tailored program that helps scientists become experienced bio-entrepreneurs. IndieBio announced that its first batch in San Francisco will ‘kick off’ in February 2015. The 11 startups which are a part of the first session are Pembient, Extem.co, Orphidia, Affinity, Clara Foods, aBioBot, Blue Turtle, Bioloop, Arcturus Biocloud, Sensa and Ranomics.
This article is based on materials provided by: http://indie.bio/indiebio-sf-announces-first-class-11-biotech-startups/ Disclaimer: This articles does not reflect any personal views of the authors/editors