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Tierra Biosciences Secures $11.4M Series A Funding Round Led by Material Impact

Tierra Biosciences Secures $11.4M Series A Funding Round Led by Material Impact

March 12, 2024 Craig Etkin

Company to Provide Broader Access to its AI-Driven Cell-Free Protein Production Platform

March 12, 2024 03:00 AM Pacific Daylight Time

SAN LEANDRO, Calif.–(BUSINESS WIRE)–Tierra Biosciences, the company behind the world’s first platform for predictive AI-guided cell-free technology enabling high-throughput on-demand custom protein synthesis, announced today that it closed an $11.4M Series A round.

“Traditional protein engineering using living cells is slow, inefficient, and data poor”

The investment was led by Material Impact with participation from new and existing investors including Prosus Ventures, In-Q-Tel (IQT), Hillspire, Freeflow Ventures, Creative Ventures, and Social Capital.

Tierra, with established relationships among major pharmaceutical, industrial, and agricultural organizations, will now expand its reach and extend its innovative capabilities to a broader set of customers and partners. The funding will additionally play a pivotal role in advancing Tierra’s predictive AI leveraging the large and growing closed loop synthesis parameter data lake generated from its centralized manufacturing of thousands of proteins.

“Traditional protein engineering using living cells is slow, inefficient, and data poor,” stated Michael Nemzek, Tierra CEO, “Tierra’s cell-free protein production platform will change the game, powering our customers’ discovery efforts with rapid access to large numbers of discrete custom proteins for screening and discovery, plus fast yield scale-up for downstream development and pilot work.”

By pioneering high-throughput cell-free platforms and deploying the latest advancements in AI language models, Tierra utilizes its exclusive data to optimally manufacture revolutionary proteins. This goes beyond the confines of nature, sparking imagination and expanding the realms of what is achievable.

“Tierra’s platform propels innovation in the bioeconomy by eliminating bottlenecks in protein discovery and manufacturing. We’re excited to partner with them as they fuse high-throughput manufacturing with artificial intelligence, promising not only to reshape the landscape of protein synthesis but also to revolutionize entire industries,” said Corinna Chen, Partner at Material Impact.

Proteins, essential molecules found across all life forms, exhibit remarkable diversity in both structure and function, stemming from a modest set of amino acid building blocks. Their involvement in nearly every biological process underscores their paramount significance in sustaining life and offering substantial therapeutic value.

“Tierra’s cutting-edge platform, powered by advanced cell-free technology, is compelling in its ability to play a key role in building critical bio-infrastructure. We believe the result will be a transformative acceleration of protein design-build-test-learn cycles within the industry,” said Chenny Zhang, Principal, Investments at IQT.

About Tierra Biosciences

Tierra Biosciences is a global premier provider offering unparalleled access to innovative engineered proteins. Harnessing advanced high-throughput cell-free platform technologies and deploying AI language models, we leverage our proprietary data to engineer and produce transformative proteins that push the boundaries of what’s possible, surpassing nature and igniting the imagination. Our mission is rooted in democratizing access to proteins, driving significant advancements in critical sectors such as human health, environmental sustainability, and global food security. Committed to empowering our customers and partners, we’re dedicated to revolutionizing the discovery and production of groundbreaking protein products.

www.tierrabiosciences.com.

Contacts

Grace Tharmarajah, Ph.D.
press@tierrabiosciences.com
510-352-8600


Venture Capital
Business Wire, California, San Leandro, Tierra Biosciences, Venture Capital

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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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