Ascus Biosciences uses its livestock microbiome expertise to raise a $46 million Series B

May 28, 2020
Very important

The funding round was led by Temasek Holdings and included investors Anterra Capital, Formation 8, Cavallo Ventures, and others. Ascus Biosciences develops microbe-based animal health products using bioinformatics and computer science rather than the chemistry-based approaches traditionally used in the feed additives industry. The company will use the funding to support its sales and service teams as well as for R&D. This news highlights just how significant understanding of the underlying physiological impacts of microbial products in livestock feeding is becoming to drive innovation in animal health. Clients should recognize how testing product performance using in silico experimentation is as important as livestock feeding trials.

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