Atlas Data Storage Secures $155 Million Seed Funding for DNA-Based Storage

Atlas Data Storage has announced the initial close of a $155 million seed financing round and the acquisition of DNA data storage assets from Twist Bioscience, announced in a press release. The company, based in South San Francisco, is focused on developing data storage solutions leveraging synthetic DNA technology.

The funding round was supported by investors including ARCH Venture Partners, Deerfield Management, Bezos Expeditions, and others. Atlas aims to commercialize data storage products that offer high data density, durability, and scalability, utilizing the unique properties of synthetic DNA.

Led by industry veterans Varun Mehta, George Kadifa, and Bill Banyai, Atlas is pioneering the integration of synthetic biology and information technology. The company's technology combines semiconductor chips and enzyme engineering to enable high-throughput chemistry on a chip, targeting hyperscaler, enterprise, and government customers with secure, scalable storage solutions.