Cauldron Raises $6.25 Million Fund to Scale Continuous Fermentation

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• Cauldron, an Australian startup, raises $6.25 million in Series A funding led by Horizons Ventures.
• The funding aims to scale Cauldron’s continuous fermentation technology for streamlined production of high-value ingredients.
• Additional support comes from investors like SOSV, In-Q-Tel (IQT), and Main Sequence, bringing Cauldron’s total funding to $17 million.
• The investment will help Cauldron finalise plans for a 500,000-litre facility and build a network of smaller precision fermentation facilities.

Cauldron, an innovative Australian startup, has recently secured a substantial investment of $6.25 million in a Series A funding round spearheaded by Horizons Ventures. 

This infusion of capital is aimed at bolstering Cauldron’s cutting-edge manufacturing platform, which facilitates the streamlined production of high-value ingredients through precision fermentation in a seamless, continuous process.

This significant funding round received additional support from prominent investors such as SOSV, In-Q-Tel (IQT), and Main Sequence, further solidifying Cauldron’s position in the market. 

With this latest investment, Cauldron’s total funding now stands at an impressive $17 million, marking a significant milestone in the company’s growth trajectory

It will enable Cauldron to finalise partners and plans for a 500,000-litre facility with a longer-term plan to build a network of “smaller, smarter” precision fermentation facilities as a CDMO (contract development and manufacturing organisation).

Cauldron—which operates 25,000-litres of fermentation capacity at its site in Orange, New South Wales—has proven its continuous fermentation tech “at an industrially relevant scale, unlocking a significant decrease—between 30-50%—in the cost of goods for our customers vs traditional batch fermentation,” claimed Cauldron co founder and CEO Michele Stansfield.

“From biofuels and agriculture to cosmetics and chemicals, the opportunities are immense,” he added.