AppliedVentures, the venture capital arm of Applied Materials (AMAT), a leading U.S. semiconductor manufacturing equipment company, announced on June 9, 2014 that it would join the B-round financing of Twist Bioscience. This investment marked AMAT's strategic move to apply its deep expertise in semiconductor manufacturing to the rapidly growing biotechnology sector.
Twist Bioscience is pioneering a novel approach to gene synthesis by leveraging semiconductor technology. Instead of using traditional plastic substrates, the company uses silicon-based platforms to create genes more efficiently and at a larger scale. This innovation allows for high-throughput genetic design, which has significant implications for personalized medicine, agriculture, and chemical production.
The company aimed to launch its first products in 2015, and the funding from AppliedVentures was intended to accelerate the development of next-generation, low-cost gene synthesis technologies. By combining AMAT’s advanced fabrication techniques with Twist Bioscience’s cutting-edge research, the collaboration sought to transform how genetic information is designed and produced.
This partnership highlighted the growing intersection between semiconductors and life sciences, showcasing how advancements in one field can drive breakthroughs in another. With the support of AppliedVentures, Twist Bioscience was well-positioned to lead the next wave of innovation in synthetic biology.
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