{"id":44952,"date":"2023-07-03T13:26:26","date_gmt":"2023-07-03T17:26:26","guid":{"rendered":"https:\/\/sciencebusiness.technewslit.com\/?p=44952"},"modified":"2023-07-03T13:26:26","modified_gmt":"2023-07-03T17:26:26","slug":"synthetic-dna-company-gains-10m-in-venture-round","status":"publish","type":"post","link":"https:\/\/technewslit.com\/sciencebusiness\/?p=44952","title":{"rendered":"Synthetic DNA Company Gains $10M in Venture Round"},"content":{"rendered":"<figure id=\"attachment_44953\" aria-describedby=\"caption-attachment-44953\" style=\"width: 640px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2023\/07\/Harvey_Stemple_MerciaVentures.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-44953\" src=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2023\/07\/Harvey_Stemple_MerciaVentures.jpg\" alt=\"Steve Harvey and Derek Stemple in the lab\" width=\"640\" height=\"426\" srcset=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2023\/07\/Harvey_Stemple_MerciaVentures.jpg 640w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2023\/07\/Harvey_Stemple_MerciaVentures-300x200.jpg 300w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2023\/07\/Harvey_Stemple_MerciaVentures-150x100.jpg 150w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2023\/07\/Harvey_Stemple_MerciaVentures-400x266.jpg 400w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption id=\"caption-attachment-44953\" class=\"wp-caption-text\">Camena Bioscience founders Steve Harvey, left, and Derek Stemple (Mercia Ventures)<\/figcaption><\/figure>\n<p>3 July 2023. A company using a process it says can produce synthetic genes with greater accuracy for research and clinical applications is raising $10 million in its first venture round. The work of <a href=\"https:\/\/www.camenabio.com\/\">Camena Bioscience<\/a> in Cambridge, U.K. is based on research by its founders at the <a href=\"https:\/\/www.sanger.ac.uk\/\">Wellcome Sanger Institute<\/a>, a genetics research center in Hinxton, U.K. near Cambridge.<\/p>\n<p>Camena Bioscience is a seven year-old business that <a href=\"https:\/\/www.camenabio.com\/about-camena\">creates synthetic DNA<\/a> with an environmentally friendly technology it says approaches the feasibility and reliability of reading DNA. The company says current commercial DNA synthesis processes, particularly phosphoramidite chemistry, are slow, error-prone, use hazardous chemicals, and have difficulty producing human-length and complex genetic sequences. For example, Camena Bio cites data showing synthetic DNA with 200 nucleotides &#8212; the basic molecular unit of DNA &#8212; produced with phosphoramidite methods has only 40 percent of the correct full-length sequence. Human DNA, notes the company, has slightly more than 1,000 nucleotides.<\/p>\n<h4>&#8220;Foundation of the synthetic biology value chain&#8221;<\/h4>\n<p>Camena Bio says its process uses computational biology and machine learning algorithms with enzyme chemistry to <a href=\"https:\/\/www.camenabio.com\/about-camena\/technology\">design and assemble synthetic genes<\/a>. A paper in the journal <a href=\"https:\/\/www.nature.com\/articles\/d41586-019-00682-0\"><em>Nature<\/em><\/a>, published in 2019, says DNA synthesized with enzymes is technically possible, but requires tight controls that stop the chemical activity after each step. Camena Bio published findings from its own <a href=\"https:\/\/www.camenabio.com\/assets\/media\/2019-11-17-application-note-1.pdf\">benchmark tests<\/a> showing its technology produces synthesized DNA fragments of 300 nucleotides with better than 85 percent accuracy, while the same DNA fragments made with phosphoramidite chemistry were 23 percent accurate. In a later test, the company used its process to produce a synthetic <a href=\"https:\/\/thebiologynotes.com\/puc19-vector-structure-sites-applications\/\">pUC19 plasmid<\/a>, a circular DNA molecule found in E. coli bacteria, then <a href=\"https:\/\/www.camenabio.com\/assets\/media\/puc19-camena-application-note-final-ds-sh2.pdf\">generated bacterial colonies<\/a> in the lab with the synthetic DNA.<\/p>\n<p>Two researchers in genetics and molecular biology at Wellcome Sanger Institute, <a href=\"https:\/\/www.linkedin.com\/in\/steve-harvey-50107a77\/\">Steve Harvey<\/a> and <a href=\"https:\/\/www.linkedin.com\/in\/derek-stemple-a9470812\/?originalSubdomain=uk\">Derek Stemple<\/a>, founded Camena Bioscience in 2016 to advance their work in DNA synthesis. Harvey is now the company&#8217;s CEO while Stemple serves as chief scientist. &#8220;The ability to read, write and manipulate DNA is the foundation of the synthetic biology value chain,&#8221; says Harvey in a <a href=\"https:\/\/www.camenabio.com\/blog\/camena-bioscience-close-dollar10-series-a-financing-as-demand-for-dna-synthesis-technology-increases\">company statement<\/a>, &#8220;yet developments in DNA synthesis have not kept pace with DNA sequencing and editing capabilities.&#8221; Harvey adds, &#8220;The invention of next-generation DNA sequencing technologies transformed our ability to &#8216;read&#8217; DNA. Our goal is to enable our customers to &#8216;write&#8217; DNA with the same confidence and ease.&#8221;<\/p>\n<p>Camena Bio is raising \u00a37.8 million ($10 million) in its first venture finance round, led by <a href=\"https:\/\/www.mercia.co.uk\/synthetic-genes-company-raises-7-8m-after-new-contract-wins\/\">Mercia Ventures<\/a> that funds <a href=\"https:\/\/www.mercia.co.uk\/venture\/\">start-ups in the U.K.<\/a>, mainly in seed- and first-round venture stages. Camena Bio says it already generated commercial revenues from supplying synthetic DNA to biotechnology and pharmaceutical companies.<\/p>\n<p>More from Science &amp; Enterprise:<\/p>\n<ul>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=44924\">Patent Issued for Synthetic Peptide Chain Techniques<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=44909\">Synthetic Bio Company Manufactures Research Cells<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=44717\">Biotech Partners on Synthetic Proteins to Protect Crops<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=44110\">Companies to Partner on Sustainable Synthetic Biochemicals<\/a><\/li>\n<li><a href=\"https:\/\/sciencebusiness.technewslit.com\/?p=43821\">Synthetic Bio Chemicals Start-Up Gains $5M in Early Funds<\/a><\/li>\n<\/ul>\n<p>We designed Science &amp; Enterprise for busy readers including investors, researchers, entrepreneurs, and students. Except for a narrow cookies and privacy strip for first-time visitors, we have no pop-ups blocking the entire page, nor distracting animated GIF graphics. If you want to subscribe for daily email alerts, you can <a href=\"https:\/\/xdym-zgvfh.maillist-manage.com\/ua\/Optin?od=11287ecc3d09da&amp;zx=130109047&amp;lD=1f08464b64366c03&amp;n=11699f74ce68133&amp;sD=1f08464b64366f40\">do that here<\/a>, or find the link in the upper left-hand corner of the desktop page. The site is free, with no paywall. But, of course, donations are gratefully accepted.<\/p>\n<p>[wpedon id=&#8221;42724&#8243; align=&#8221;center&#8221;]<\/p>\n<p style=\"text-align: center;\">*\u00a0\u00a0\u00a0\u00a0 *\u00a0\u00a0\u00a0\u00a0 *<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A company using a process it says can produce synthetic genes with greater accuracy for research and clinical applications is raising $10 million in its first venture round.<\/p>\n","protected":false},"author":1,"featured_media":44953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,15],"tags":[31,21,96,86,74,23,55,24,64,112,27,105,90,19],"class_list":["post-44952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-products","tag-biomedical","tag-biotech","tag-chemistry","tag-engineering","tag-entrepreneurs","tag-equity","tag-genomics","tag-investment","tag-life-sciences","tag-mathematics","tag-pharmaceuticals","tag-physical-sciences","tag-u-k","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/44952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44952"}],"version-history":[{"count":2,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/44952\/revisions"}],"predecessor-version":[{"id":44955,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/44952\/revisions\/44955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/media\/44953"}],"wp:attachment":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}