Aldevron
Surveying great inventors and businesses
Axial: https://linktr.ee/axialxyz
Axial partners with great founders and inventors. We invest in early-stage life sciences companies such as Appia Bio, Seranova Bio, Delix Therapeutics, Simcha Therapeutics, among others often when they are no more than an idea. We are fanatical about helping the rare inventor who is compelled to build their own enduring business. If you or someone you know has a great idea or company in life sciences, Axial would be excited to get to know you and possibly invest in your vision and company . We are excited to be in business with you - email us at info@axialvc.com
Aldevron is the leader for custom plasmid DNA. Based in Fargo, ND (look how cold it looks in the picture) and started from a college senior thesis, the company focuses on high quality and low costs. A model that would only really work in Fargo.
https://lnkd.in/gtH9gDR9
Founded in 1998 by Michael Chambers (recent college grad from NDSU) & John Ballantyne (NDSU PhD), Aldveron was initially funded with credit cards. After supplying their 1st customer in Puerto Rico with 250 mg of plasmid for vaccine research, Aldveron used the Internet to grow.
From this base, the company has expanded to RNA, antibodies, and supplying the DNA template for Moderna’s COVID vaccine. Aldveron’s model can trace its roots from Michael’s experience in the family honey business with values of frugality, hard work, and solving your own problems.
The company was acquired by Danaher for $9.6B but will continue to operate independently offering a case study on the advantages of building a biotech company outside a hub. Learn more about Aldveron here
https://www.aldevron.com/

