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Startups and entrepreneurship 29,200 subscribers

Mark Budde: Founder & CEO @Plasmidsaurus, Profitability in Deep Tech From Month One | Slush 2024

24.11.2024 2,603 views
Published: 24.11.2024 Category: Startups and entrepreneurship Views: 2,603

Episode details

Episode description

Deep tech companies require endless funding they said. And they will not ever be profitable they said. Not the case with Plasmidsaurus: one of the most astounding deep tech companies that has grown from founding to a $40m annual run rate in 3 years having raised under $2m. They're one of the most capital efficient startups, having been profitable from month one — this is especially impressive considering they are a synthetic biology company building in atoms not just bits. If this is not yet enough to convince you, every Nobel Prize winning biology lab in the US uses them and the company already has seven labs around the world (including in Europe). Join us live to see Mark Budde, Co-founder and CEO of Plasmidsaurus take the Slush stage for the first-time ever. Mark will be joined by Seth Bannon, Founding Partner of Fifty Years, an experienced investor helping great scientists & engineers become successful unicorns like Solugen, Astranis, Upside Foods, Athelas and Opentrons. --- Slush is the most founder-focused event on Earth, delivering actionable company-building advice while bringing together the who’s who in startups and tech. Slush will be back on Nov 19–20, 2025 in Helsinki, Finland. Stay in the loop: slush.org linkedin.com/company/slush instagram.com/slushhq x.com/slushhq

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