Last deal

$55M

Amount

Series C

Stage

14.02.2023

Date

3

all rounds

$109M

Total amount

date founded

Financing round

General

About Company
Checkerspot is a materials innovation company that designs high-performance and sustainable materials at a molecular level.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

Checkerspot has developed a technology platform that integrates biology, chemistry, and fabrication to design new materials. Their initial focus has been on materials derived from microalgae oils, which are used as molecular scaffolds. The company raised over $5 million in seed funding and has attracted investments from prominent venture capital firms. Checkerspot's platform enables the production of oils that reduce dependence on commodity oils and petroleum derivatives, offering a solution for industrial applications in biotechnology and chemistry. Their mission is to expand the range of molecular building blocks for sustainable materials using the power of biotechnology.
Contacts

Contact Email

Phone number

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Dr. Andrew Cain McClary is the Founder and serves as Managing Partner at KdT Ventures. He serves as Board Member at Azitra and Checkerspot.. He serves as Advisor at 8VC. During his undergraduate studies, he studied proteins involved in the development of appendages, both in the labs of Dr. Kristi Wharton at Brown University and Dr. Fred Kaplan at the University of Pennsylvania. Following Brown, he went on to receive his medical degree from Tulane University School of Medicine in 2012. During medical school, he also spent a year at the National Institutes of Health (NIH) as part of the prestigious Howard Hughes Medical Institute "Cloister" Fellowship, where he studied the role of non-coding RNA in cancer at the National Cancer Institute (NCI) in the lab of Dr. Curtis Harris. Immediately following medical school, he underwent residency training in anatomic pathology at Stanford University, where during his final year, he was named Chief Resident. While in residency, he discovered a genetic mutation in a rare jaw tumor, ameloblastoma. This discovery subsequently led to a successful phase IV clinical trial of BRAF inhibitors in ameloblastoma, a condition where previously surgery was the only option. Due to this success, he was appointed as Assistant Professor in the Department of Pathology at Stanford University, becoming the youngest person on faculty in pathology at the time. He has won several notable awards, spoken at universities and national conferences, and published more than 10 peer-reviewed articles. He serves as Board Member at Debut. He is an Angel Investor. He received his BSc in Biochemistry and Molecular Biology from Brown University in 2007

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Charles Dimmler
Charles Dimmler

Charles Dimmler

CHARLES DIMMLER is the co-founder and CEO of Checkerspot. His career has focused on building and leading teams at emerging growth companies in the life sciences and biotechnology sector. He has deep expertise in general management and leading strategic transactions, with over $1 billion of completed transactions ranging from public and private financings to joint ventures, licensing and M&A. From 2008 to 2016, he served as Senior Vice President of Corporate Development at Solazyme, Inc. where he led financings and a range of other strategic transactions, including two venture capital rounds, the initial public offering, two public convertible debt issuances, and project financing for the construction of a commercial scale manufacturing facility in Brazil. In addition to his corporate development responsibilities, he served as Acting General Manager of Solazyme’s personal care business in 2009. Prior to Solazyme, Charles was the General Manager of Geron BioMed, Ltd., a wholly-owned subsidiary of Geron Corporation, where he led a team focused on developing R&D and preclinical cell therapy candidates. Charles began his career as an investment banker at Peter J. Solomon Company. Since 2008, Charles has remained active in his community as an Operations Leader with the Bay Area Mountain Rescue Unit, the mountain search and rescue team of the San Mateo County Sheriff. Charles earned his MBA from the Stanford Graduate School of Business and his BA from Columbia University.

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1

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Scott Franklin
Scott Franklin

Scott Franklin

SCOTT FRANKLIN is the scientific co-founder and Chief Scientific Officer of Checkerspot where he oversees the development of their advanced materials innovation technology platform. Scott has a doctorate in Biology from the University of Texas at Austin and 30 years of experience in plant molecular biology, microbiology, algal molecular genetics and recombinant protein expression. He has successfully developed novel organisms as platforms for the production of therapeutic proteins, fuels, foods and oleochemicals. This is Scott’s second start up venture, the first being Rincon Pharmaceuticals in 2004. Scott enjoys managing highly innovative teams while interfacing with corporate partners. He has successfully built technical, intellectual property and regulatory teams around industrial microbe platforms, while concurrently managing relationships and delivering on milestones with partners such as Chevron (San Ramon, CA), Unilever (Trumbull, CT), DOW Chemical (Midland, MI), Mitsui Chemical (Rye Brook, NY), AkzoNobel (Amsterdam, NL), Bunge (White Plains, NY) and Biogen Idec (Cambridge, MA), to name a few. As Vice President of Discovery and Molecular Biology at Solazyme, Scott was responsible for the successful development of the company’s tailored oils platform, engineering and improving algal strains that resulted in the delivery of thousands of metric tons of triglyceride oils for myriad partners including the United States Navy, Unilever, Bunge, Chevron, DOW, Mitsui and AkzoNobel. Scott is co-author on 52 issued patents.

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organization founded

1

Scott Franklin

Employee Profiles
3
Charles Dimmler

Charles Dimmler

CEO & Co-Founder

Leon Parker

Senior director

Scott Franklin

Scott Franklin

CSO & Co-Founder

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