Compelling Use Cases Drawing Venture Capital Investments To Microbiome Space, Says GlobalData
Date
06/05/2021
Scientific research has proved that microbiome, the genetic material of all the microbes living together in a particular habitat, plays an important role not only in human, plant and animal health but also in nutrition, cosmetics, and environmental restoration. As a result, fueled by the broad scope of the field, venture capital (VC) investments are on an ascent in microbiome companies, says GlobalData, a leading and data analytics company.
Reportedly, driven by the potential for disruption across industries coupled with large scale innovations, the microbiome therapeutics space witnessed over US$1bn VC investments globally in 2020 alone.