Genecis Bioindustries
Produces PHA bioplastics from organic food waste via bacterial fermentation, targeting applications including 3D printing filaments, packaging, and biomedical products.
- CEO / Founder
- Luna Yu
- Team Size
- 11-50
- Stage
- Growth Stage
- Total Funding
- $20M
- Latest Round
- Series A
- Key Investors
- Khosla Ventures; BDC Capital; Amazon Climate Pledge Fund; AME Cloud Ventures; Gullspang Re:food; IT Farm; Heinz Group; Emerald
Technology & Products
Key Products
Genecis produces PHA bioplastics from organic food waste via bacterial fermentation. These bioplastics are home-compostable and biodegradable, targeting applications such as 3D printing filaments, packaging, and biomedical products.
Technological Advantage
CLAIMED: Patented fermentation process for efficient PHA production from waste streams; VERIFIED: Collaboration with Helian Polymers for 3D printing filament development and $6M NGen funding for scale-up; DEFENSIBLE: Proprietary microbial strains and process IP.
Differentiation
Value Proposition
Offers home-compostable, biodegradable PHA materials that match petroleum-based plastic performance at competitive cost, enabling circular economy solutions and reducing environmental impact.
How They Differentiate
Focuses on food waste as feedstock for PHA production, targeting 3D printing filaments and high-value applications, with partnerships like Helian Polymers for resin formulations, unlike competitors that may use other waste streams or target different markets.
Market & Competition
Target Customers
B2B manufacturers in packaging, textiles, automotive, medical equipment, and additive manufacturing seeking sustainable plastic alternatives.
Industry Verticals
Additive Manufacturing; Packaging; Medical; Textiles; Automotive
Competitors
RWDC Industries; Greenfib; Biome Bioplastics
Growth & Milestones
Growth Metrics
Raised over $20M in total funding; team size around 30-49 employees; sold out for next two years due to high demand for PHAs.
Major Milestones
Founded in 2017; Accepted to Y Combinator Winter 2020; Raised $10M in Series A funding in 2022; Secured $6M project from NGen Canada in 2021; Partnership with Helian Polymers for 3D printing filaments
Notable Customers
StormFisher; Lambton College