Making Honey Without Bees: MeliBio Raises $850,000 Pre-Seed Round

31 Mar, 2021

Making Honey Without Bees: MeliBio Raises $850,000 Pre-Seed Round
Photo by Diana Polekhina on Unsplash

– MeliBio, Inc., the startup making real honey without bees, has today announced the closing of $850,000 in the pre-seed round funding.
– The company, founded in 2020 by Aaron Schaller, PhD and Darko Mandich is developing a proprietary technology based on synthetic biology, precision fermentation, and plant science that replaces honeybees as a medium for honey production.
– The global honey market in 2020 was valued at $9 billion. Today, the industry solely relies on honeybees and faces many issues related to sustainability and its negative impact on bee biodiversity.
– By producing real honey with the help of science, MeliBio is revolutionizing the industry to help save 20,000 wild and native bee species that are essential to Earth’s flora and fauna.

Food and Beverage North America Nutrition
Crunchbase icon

Content report

The following text will be sent to our editors: