Paris-based startup baCta has raised €3.3 million in pre-seed funding to revolutionize natural rubber production.
baCta produces biosynthetic carbon-negative natural rubber using engineered microorganisms and renewable feedstocks.
The funding round was led by OVNI Capital and included participation from Kima Ventures, Sharpstone Capital, another.vc, and prominent business angels.
baCta aims to decarbonize the rubber industry and develop a platform for producing carbon-negative isoprenoids.