Checkerspot is pioneering the biotechnology field with its ability to design materials and ingredients at a molecular level, striving towards sustainability and superior performance. The company, founded in 2016 and headquartered in the United States, is utilizing its proprietary WING™ Platform to bio-manufacture unique oils from microalgae. These oils serve as sustainable alternatives, replacing commodity oils and petroleum-based inputs in industries such as hardgoods, textiles, and personal care products.
With its innovative approach, Checkerspot targets the Biotechnology, Life Sciences, and Manufacturing sectors, reflecting a commitment to environmental sustainability. Its ability to deliver on its slogan, "Our technology enables access to a broad range of high value fats & oils not easily or sustainably sourced from nature," has attracted significant investor interest. The company's latest financial round, a $55.00M Series C investment secured on February 14, 2023, was led by significant industry players like ArrowMark Partners and Cox Enterprises, underscoring its potential for future growth and impact in sustainable manufacturing solutions.