DNA-based data storage platform Catalog raises $35M

DNA-based data storage platform Catalog raises $35M

2 years ago
Anonymous $WHrWmjSJBZ

https://techcrunch.com/2021/09/30/dna-based-data-storage-platform-catalog-raises-35m-series-b-to-scale-its-dna-computation/

Conventional electronic media like flash drives and hard drives require energy consumption to process a vast amount of high-density data and information overload and are vulnerable to security issues due to the limited space for storage. There is also an expensive cost issue when it comes to transmitting the stored data.

To solve the problems of traditional electronic media, a startup in Boston, Catalog, was founded in 2016 by MIT scientists including co-founder and CEO Hyunjun Park, developing an energy efficient, cost competitive, and more secure data storage and computation platform by using synthetic DNA.