TL;DR: 1849 bio is a Y Combinator Summer 2024 startup Engineering microbes for miners to unlock billions in trapped metal, currently active with a team of 3.
Engineering microbes for miners to unlock billions in trapped metal
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1849 bio designs microbes enabling cheap metal extraction allowing miners to unlock value from low quality copper and gold ores. Surprisingly, the mining industry is one of the largest scale users of biotech in the world with biomining processes accounting for ~1% of global copper production. Biomining is ultra-low cost, running around ~$1/ton of ore vs ~$7/ton for conventional processes. Unfortunately, while biomining is cheap, it can’t be applied to over 80% of copper ores, leaving vast resources without profitable extraction methods. An estimated ~$800B of copper sit today in waste materials and stockpiles with negative unit economics. While a great deal of effort has been spent on optimizing microbial metal extraction processes, very little effort has been spent on optimizing the micr…
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Yes. 1849 bio was funded by Y Combinator in the Summer 2024 batch. Engineering microbes for miners to unlock billions in trapped metal
1849 bio designs microbes enabling cheap metal extraction allowing miners to unlock value from low quality copper and gold ores. Surprisingly, the mining industry is one of the largest scale users of biotech in the world with biomining processes accounting for ~1% of global copper production. Biomining is ultra-low co…
1849 bio was part of Y Combinator's Summer 2024 batch.
1849 bio has a team of 3 people according to Y Combinator's directory.
1849 bio is currently listed as Active with a team of 3 in Y Combinator's directory.
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