DoubleRainbow Biosciences

DoubleRainbow Biosciences

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Private Company

Total funding raised: $14.5M

Overview

DoubleRainbow Biosciences, founded in 2016 and based in San Diego, is a private biotechnology company leveraging synthetic biology to address supply chain and sustainability challenges in natural product manufacturing. The company's core technology, the PRISM enzyme modification platform, is designed to glycosylate medicinal compounds to improve their solubility, potency, and efficacy. DoubleRainbow aims to create sustainable therapeutics, nutraceuticals, and agricultural solutions, positioning itself at the intersection of human health and environmental stewardship. It operates as a platform company and is currently in a pre-revenue, pre-clinical stage of development.

Small Molecules

Technology Platform

PRISM (Enzyme Modification Platform): A proprietary platform that uses a library of enzymes to glycosylate natural or synthetic medicinal compounds with specific sugar motifs to improve their solubility, potency, and efficacy.

Funding History

2
Total raised:$14.5M
Series A$10M
Seed$4.5M

Opportunities

DoubleRainbow operates at the convergence of major trends: the demand for resilient pharmaceutical supply chains, consumer preference for sustainably sourced natural products, and the need for agricultural innovation.
Its platform technology could unlock value across multiple high-growth markets, from novel therapeutics to green consumer ingredients.

Risk Factors

Key risks include the technical challenge of scaling its synthetic biology platform for complex molecule production, competition from larger and better-funded synthetic biology companies, and the commercial risk of diversifying across distinct industries (pharma, consumer, ag tech) as a small, early-stage firm.

Competitive Landscape

DoubleRainbow competes in the broad synthetic biology sector with companies like Ginkgo Bioworks and Amyris, which also engineer microbes to produce compounds. Its specific focus on glycosylation for drug improvement differentiates it, but it faces competition from both platform companies and pharmaceutical firms investing in internal biocatalysis and sustainable sourcing initiatives.