What does First Bight Ventures do?

First Bight Ventures is an early-stage venture capital fund based in Houston, Texas, dedicated to investing in synthetic biology start-ups. Founded in 2021 by Veronica Breckenridge, the firm focuses on providing capital from seed to Series A funding stages. It targets companies at the pilot-to-commercialization stage in industrial biomanufacturing, aiming to support the transition to sustainable, bio-based methods across various sectors, including energy, agriculture, and pharmaceuticals. The firm invests in businesses that demonstrate deep technology and the potential for scalable, economically viable products. With a strategic focus on early-stage biomanufacturing and sustainable chemistry, First Bight Ventures typically invests between $1 million and $5 million. It has built a portfolio that includes companies like Algenesis and Persephone Biosciences, which are innovating in sustainable materials and biopharmaceuticals. First Bight Ventures is recognized as a leading venture firm in the U.S. for accelerating the bio-industrial transition.