{"id":14521,"date":"2023-02-15T16:08:26","date_gmt":"2023-02-15T21:08:26","guid":{"rendered":"https:\/\/sosv.com\/?p=14521"},"modified":"2023-12-27T19:31:40","modified_gmt":"2023-12-28T00:31:40","slug":"solvay-joins-the-genesis-consortium-and-sosvs-indiebio","status":"publish","type":"post","link":"https:\/\/sosv.com\/solvay-joins-the-genesis-consortium-and-sosvs-indiebio\/","title":{"rendered":"Solvay joins the Genesis Consortium to support SOSV\u2019s IndieBio startups"},"content":{"rendered":"
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Solvay Ventures, the venture capital fund of Solvay<\/a>, announced<\/a> that the fund has joined the Genesis Consortium<\/a> to support startups in SOSV\u2019s IndieBio startup development program, which holds a portfolio of early-stage, venture-backed companies innovating in planetary and human health. <\/p>\n\n\n\n

The Genesis Consortium, founded by SOSV<\/a> and Mayfield<\/a>, is a global alliance of venture capital firms and corporations dedicated to supporting startups that leverage biotechnology to promote human and planetary health. <\/p>\n\n\n\n

Over the years, Solvay Ventures has demonstrated interest in Indiebio\u2019s graduate companies, which represent a growing number of early-stage ventures with ties to Solvay\u2019s commitment to innovating in chemical biotechnology.<\/p>\n\n\n\n

\u201cWe are thrilled to join the Genesis Consortium and SOSV\u2019s IndieBio, which will reinforce our position in biotech and help us better serve our customers as we reinvent chemistry through biotechnology,\u201d said Solvay CEO Ilham Kadri. <\/p>\n\n\n\n

\u201cOn the journey to reshape the global economy for sustainability, it’s fantastic to have Solvay as a key partner,\u201d said Sean O\u2019Sullivan, founder and managing general partner at SOSV. \u201cUsing efficiencies only possible through biology, IndieBio startups are reinventing the world’s means of production of foods and materials.  It\u2019s a great sign for the future that materials and chemistry companies with tens of billions in revenue, like Solvay, are joining side by side with IndieBio startups to create a healthier future.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Solvay Ventures, the venture capital fund of Solvay, announced that the fund has joined the Genesis Consortium to support startups in SOSV\u2019s IndieBio startup development program, which holds a portfolio of early-stage, venture-backed companies innovating in planetary and human health. The Genesis Consortium, founded by SOSV and Mayfield, is a global alliance of venture capital firms and corporations dedicated to supporting […]<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"tx_company":[],"tx_category":[],"tx_trend":[2284],"tx_program":[1048,2043],"posts_type":[16],"class_list":["post-14521","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tx_trend-sosv-consortium","tx_program-indiebio","tx_program-sosv","posts_type-post"],"acf":{"founder_names":"","founder_positions":"","founder_companies":"","founder_spotlight_image":"","publisher":"","author":"","article_url":"","portal_id":""},"yoast_head":"\nSolvay joins the Genesis Consortium to support SOSV\u2019s IndieBio startups - 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