C16 Biosciences

C16 Biosciences

Produces sustainable ingredients for consumer goods

About

C16 Biosciences creates sustainable ingredients for consumer goods, focusing on the beauty, personal care, home care, and food product markets. The company uses a unique biomanufacturing platform to produce ingredients that perform well while being environmentally friendly. This helps address issues like supply and price volatility, as well as the demand for sustainable products from consumers and regulators. C16 Biosciences primarily serves consumer goods manufacturers, providing them with high-quality ingredients that meet the growing need for effective and eco-friendly products. Operating on a B2B model, the company sells its ingredients to manufacturers, who then incorporate them into their products for consumers. C16 Biosciences aims to decarbonize consumer products and support the health of the planet while fulfilling the needs of its clients.

Company Stage

Seed

Employees

11-50

Industries

Biotechnology, Consumer Goods

Total Funding

$32.6M

Headquarters

New York City, New York

Founded

2018


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Simplify's Take

What believers are saying

  • Received $3.5M grant from Gates Foundation to expand Palmless™ platform.
  • Global edible oils market projected to reach $870 billion by 2050.
  • Awarded World Cell-base Innovation Award for 'Best Cell-based Ingredient'.

What critics are saying

  • Increased competition from startups like Nourish Ingredients.
  • Economic viability of microbial fermentation-based ingredients is uncertain.
  • Alternative protein space faces financial challenges impacting future funding.

What makes C16 Biosciences unique

  • C16 Biosciences uses yeast fermentation to produce oils without arable land.
  • Their Palmless™ platform offers sustainable alternatives to traditional palm oil.
  • Torula oil, their first biodesigned ingredient, enhances skin and hair health.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

3%

2 year growth

0%

Benefits

Unlimited Paid Time Off

401(k) Company Match

401(k) Retirement Plan

Health Insurance

Dental Insurance

Vision Insurance

Mental Health Support

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