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Synvect Secures $3M Seed Round to Combat Mosquito-Borne Diseases with CRISPR Technology

Synvect Secures $3M Seed Round to Combat Mosquito-Borne Diseases with CRISPR Technology

March 20, 2025 Craig Etkin

SAN DIEGO–(BUSINESS WIRE)–Synvect, Inc., a biotechnology startup pioneering next-generation vector control solutions, has raised a $3M Seed Round from prominent investors, including the Bill & Melinda Gates Foundation, Antler, NuFund, and Redbud. The funding will accelerate the development and deployment of Synvect’s CRISPR-based technology, offering a scalable, eco-friendly solution to suppress disease-carrying mosquito populations.

Mosquito-borne diseases are rising worldwide, including in regions previously unaffected. Record-breaking outbreaks of Dengue fever and other illnesses have impacted California, Texas, and parts of Europe. Traditional control methods, including chemical pesticides, are losing effectiveness due to resistance while also harming the environment—Paris, for example, had to be fumigated ahead of the Olympics. With Malaria, Zika, and West Nile intensifying due to globalization and climate change, the need for innovative solutions has never been greater.

Building on 15 years of cutting-edge research and $20M in prior funding, Synvect has developed a game-changing approach to mosquito control. The company uses CRISPR to produce sterile male mosquitoes, which, when released, mate with wild females—who only mate once—preventing reproduction. Unlike gene drive technologies, which spread edited genes through wild populations, Synvect’s approach ensures genetic modifications remain contained, making it one of the safest, most scalable mosquito suppression solutions.

Synvect has received U.S. Environmental Protection Agency (EPA) approval for its first product, SEPARATOR, paving the way for commercial deployment. The company is launching pilot programs with government and mosquito control agencies in Florida, Texas, California, and other high-risk regions.

Dr. Nikolay Kandul, CEO of Synvect, adds, “This technology has the potential to eliminate mosquito-borne diseases in large regions. We are thrilled to have the support of leading investors and regulators as we move towards large-scale implementation.”

With funding, regulatory approval, and initial deployments underway, Synvect is well-positioned to reshape mosquito control and vector-borne disease prevention. The company will continue collaborating with government agencies, researchers, and communities to ensure responsible deployment and maximum impact.

About Synvect

Synvect is a San Diego-based biotechnology startup committed to eliminating vector-borne diseases through scalable, precision-driven mosquito suppression technology. Founded by scientists from UC San Diego, Synvect leverages CRISPR innovations to provide a safe, effective alternative to chemical pesticides.

Contacts

For media inquiries, please contact:Nikolay Kandul, CEO – press@synvect.com

(c)2025 Business Wire, Inc., All rights reserved.


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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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