Inscripta offers genome engineering solutions to researchers to facilitate CRISPR-based gene editing. The company’s two main offerings include Onyx, a benchtop-sized system for digital microbial genome engineering, and MADzyme nucleases (MAD7), a new class of CRISPR enzymes.
The Onyx platform was launched in October 2020 and includes a fully automated workflow for genome editing that incorporates a hardware system, genome engineering kits and assays, and the engineering portal software “InscriptaDesigner.” The platform claims to be capable of creating libraries with millions of precisely engineered single cells. As of May 2022, the company reportedly filed for around 100 patents in the US for the platform.
Key customers and partnerships
The company targets genomic researchers across academia and industry including drug developers and pharmaceutical companies across the world. Inscripta delivered the Onyx platform to its first commercial customer Genemill at the University of Oxford in April 2021 (priced at USD 347,000). Its recent customers include Gingko Bioworks (January 2022) and Amyris Inc . (March 2022).
The company, however, was supplying its MAD7 CRISPR nucleases for free to support academic researchers and scientists and followed a licensing model for non-research purposes. In October 2021, it signed a licensing agreement with Hunterian Medicine to use the MAD7 nuclease. Inscripta partnered with Aldevron in May 2022 to license one of its MAD7 enzymes for manufacturing and commercialization.
Funding and financials
In its latest Series E financing round in April 2021 led by Fidelity Management and Research Company, Inscripta raised USD 150 million, bringing its total funds raised to USD 459.5 million. It intended to use the funds to accelerate its growth attempts.
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