
SynbiCITE
AI Verified
United Kingdom
Accelerator/Incubator
London, Greater London, England, United Kingdom
2014
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Regions | Northern Europe |
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Company description
SynbiCITE serves as the United Kingdom's premier hub for synthetic biology commercialization, bridging the critical gap between academic research and market applications. Established in 2013 with substantial funding of £28 million over a five-year period, this initiative represents a strategic investment from key UK research councils including the Engineering and Physical Sciences Research Council (EPSRC) and the Biotechnology and Biological Sciences Research Council (BBSRC), alongside significant contributions from Innovate UK and various industrial partners. As one of seven Innovation and Knowledge Centres (IKCs) in the country, SynbiCITE plays a pivotal role in nurturing emerging technologies and fostering new industry development in the rapidly evolving field of synthetic biology.
The organization operates through a comprehensive collaborative network that unites the UK's foremost academic institutions with industrial entities ranging from innovative startups to established multinational corporations. This ecosystem approach ensures knowledge transfer across the entire value chain while creating a supportive environment for commercialization activities. Regional governmental bodies from Northern Ireland, Scotland, Wales, and the Greater London Authority provide additional support, creating a truly national initiative with broad geographical reach and impact across the United Kingdom's bioeconomy landscape.
SynbiCITE's investment strategy focuses on accelerating commercial applications of synthetic biology through various funding mechanisms, technical support programs, and entrepreneurial training initiatives. The centre has developed specialized facilities and expertise to help portfolio companies navigate the complex journey from laboratory concept to market-ready products. By creating this early-stage critical mass in synthetic biology, SynbiCITE has positioned the UK as a global competitor in this disruptive technology field, attracting international partnerships and investment while supporting domestic innovation in sectors ranging from healthcare and pharmaceuticals to sustainable materials and agricultural biotechnology.
Central to SynbiCITE's mission is a commitment to responsible innovation that carefully considers ethical implications, societal impacts, and environmental sustainability. This approach ensures that investments and technological developments align with broader societal values and regulatory frameworks. Through this balanced perspective, SynbiCITE aims to deliver substantial and sustained economic benefits to the UK while addressing global challenges through biotechnology solutions. The centre's long-term vision extends beyond immediate commercial returns to establish a thriving, sustainable synthetic biology industry that contributes significantly to the UK's knowledge economy and international competitiveness in advanced bioscience applications.
Highlights
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Frequently asked questions
SynbiCITE maintains its global headquarters in United Kingdom, serving as the strategic center for its operations. The company's primary corporate offices are located at London, Greater London, England, United Kingdom.
SynbiCITE focuses its investment activities on companies operating in the following stages: Pre-Seed, Seed, Series A, Series B. SynbiCITE provides strategic capital and expertise to support promising businesses at these critical phases of development.
SynbiCITE maintains a strategic global investment presence, actively seeking opportunities across the following key regions: Northern Europe.
SynbiCITE was established in 2014, marking the beginning of its journey as an investment firm.
SynbiCITE is the following type of investment firm: Accelerator/Incubator. The organization provides capital and strategic support to entrepreneurs and growing companies.