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Taxon Biosciences
Microbial structures for transformative apps in the agriculture, life sciences, and oil and gas industries
About Taxon Biosciences
Taxon Biosciences, founded in 2000 by microbial geneticists Matt Ashby and Jasper Rine, operated as a biotechnology firm specializing in microbial genomics. The company was established with the goal of creating a microbial genomics platform to address significant challenges in the agriculture, energy, and health science sectors. Based in Tiburon, California, Taxon Biosciences focused on utilizing proprietary advancements in genomics, bioinformatics, and microbiology. Its core business involved identifying, validating, and commercializing microbiome-based products derived from agricultural and environmental settings.
The company's primary service was to profile microbial communities using genomic tools to understand their structure and function. This involved conducting in-depth diversity profiles of selected sites to identify specific DNA sequences correlated with parameters of interest, such as the presence of certain gases or salinity levels. From this data, the firm developed quantitative assays for these indicator species, which could then be used in broader bioindicator surveys. The business catered to a range of markets, including the energy sector and clinical diagnostics. Its technology and extensive intellectual property portfolio in microbial consortia and genomics were geared towards developing new products like seed treatments, as well as foliar and soil applications for major row crops, fruits, and vegetables.
A significant milestone in the company's history was its acquisition by DuPont in April 2015 for an undisclosed sum. This acquisition was a strategic move by DuPont to enhance its in-house capabilities in biological solutions for the agriculture industry, complementing its existing seed and crop protection businesses. Prior to the acquisition, Taxon Biosciences had secured $4.01 million in a Series A funding round in April 2013, with investors including Formation 8, BP Ventures, and ConocoPhillips Technology Ventures. The integration into DuPont was intended to accelerate the discovery-to-market timeline for new biological products.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2000
- Headquarters
- Tiburon, United States
- Employees
- 5
- Open positions
- None listed
- Dealroom signal
- 55.1/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Intellectual Property, Biotechnology, Oncology, DNA, Cardiology and cardiovascular, Genetics and genomics, Spinout, Genome Engineering, Oil & Gas, Biotech and Pharma
- Business model
- Manufacturing
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Apr 2015 | $0 | — | DuPont | — |
| SERIES A✓Equity / VC | Nov 2013 | $9.1M | $36M | BP Ventures | — |
Growth signals
Latest recorded traffic for Taxon Biosciences is 210 monthly website visits. Taxon Biosciences's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
BP Global
BP Ventures
Other known investors4 additional known investors
DuPont
University of California, Berkeley
Builders VC
Tanguy Chau
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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