Emeryville California based Demetrix Inc. is raising $50,499,991.00 in a new round of Venture Capital investment.
Emeryville, CA – According to filings with the U.S. Securities and Exchange Commission, Demetrix Inc. is raising $50,499,991.00 in a new round of investment. Sources indicate as part of senior management Chief Executive Officer, Jeffrey Ubersax played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Demetrix Inc.
Demetrix is named for Demeter, the Greek goddess of the harvest. Nature is our source and inspiration. Many of the medicines and ingredients we depend on come from nature. However, they are often not accessible or are unsustainable to harvest. This means many of nature’s remedies remain out of reach. Demetrix works to make nature’s rare ingredients readily accessible for healthier, happier lives. By combining baker’s yeast and fermentation with the most advanced science and automation, we’re able to produce complex, sustainable ingredients at high purity and low cost.
To learn more about Demetrix Inc., visit http://demetrixbio.com/
Contact:
Jeffrey Ubersax, Chief Executive Officer
510-899-9646
https://www.linkedin.com/in/jeff-ubersax-8006732/
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