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Biomatter

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AI-powered platform designing novel, custom enzymes

Vilnius, LithuaniaFounded 2018Biotech & Life Sciences
Valuation $25–50M Last recorded · 2024
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Biomatter and the history behind them.

About Biomatter

Biomatter is a synthetic biology company that creates novel proteins and enzymes for applications in healthcare, agriculture, and sustainable manufacturing. The company was co-founded in 2018 by Laurynas Karpus, Vykintas Jauniškis, Irmantas Rokaitis, Donatas Repečka, and Professor Rolandas Meškys, who met at Vilnius University's Institute of Biotechnology. With a background in biophysics and molecular biology, CEO Laurynas Karpus leads the company's efforts. The founders were named to the Forbes "30 Under 30 Europe" list for Science & Healthcare.

The core of Biomatter's offering is its Intelligent Architecture™ platform, which utilizes generative artificial intelligence and physics-based algorithms to design enzymes from the ground up (de novo). This "bottom-up" approach contrasts with traditional methods that rely on modifying existing natural enzymes, a process that is often slow and limited in scope. By defining the desired function first, the platform can generate entirely new, purpose-built enzymes optimized for specific industrial processes. This method shortens the development cycle from years to weeks.

Biomatter's business model is centered on partnerships with global companies to co-develop unique, enzyme-based products and technologies, offering flexible collaboration and risk-sharing models. Its client base includes major corporations such as Thermo Fisher Scientific, BASF, and Neogen. Notable projects include a collaboration with Kirin to efficiently produce Human Milk Oligosaccharides (HMOs) for infant nutrition and a partnership with Neogen to advance food safety solutions. The company has also worked with ArcticZymes Technologies. Revenue is generated through these partnerships, which span industries from life sciences and food production to chemical biomanufacturing. To date, the company has raised $8.86M in funding, including a €6.5 million seed round in August 2024 led by Inventure and UVC Partners.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Vilnius, Lithuania
Employees
37
Open positions
3
Dealroom signal
77.4/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology, Innovative Food
Sector
Biotech & Life Sciences, Biotechnology, Drug Development, Enzymes, Core AI, Synthetic Biology, StartupLithuania
Technology
Artificial Intelligence, Deep Tech, Machine Learning
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Aug 2024 $7.2M $29M Practica Capital · Inventure · UVC Partners · MetaPlanet ↗
SEED✓Equity / VC Jan 2021 $550K $2.2M Practica Capital · 70Ventures —
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023 —
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Growth signals

Biomatter website traffic

Latest recorded traffic for Biomatter is 3K monthly website visits, down 6.3% over the last three months. Biomatter's team grew 12.1% over the past year.

Latest monthly visits3K 3-month web change-6.3% 1-year team growth+12.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

  • Practica Capital
  • 70Ventures
  • Inventure
  • UVC Partners
  • MetaPlanet

Other known investors1 additional known investor

  • Lemonade Stand
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇱🇹 Lithuania82.8%
🇩🇪 Germany3.5%
🇳🇱 Netherlands3.5%
🇸🇪 Sweden3.5%
🇺🇸 United States3.5%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Biomatter on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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