Fundz

Merck leads $13M seed round for Christchurch biotech Precision Chroma, which develops 3D-printed chromatography for protein purification.

PRIVATEOct 11, 2026

Amount Raised

$13 Million

Round Type

Seed

ChristchurchManufacturingBiotechnology

Investors

M VenturesBardaMerck

Description

Precision Chroma, a Christchurch-based biotechnology startup, has closed a $13 million seed funding round led by Merck, with participation from M Ventures and support from the U.S. Biomedical Advanced Research and Development Authority (Barda). The capital will fund construction of a manufacturing plant in Christchurch and expand the team from six to 17-18 employees. Precision Chroma develops innovative 3D-printed agarose chromatography technology for direct affinity capture of therapeutic proteins, potentially streamlining biopharmaceutical manufacturing

Quick answer

Precision Chroma raised $13 Million in a Seed round, dated October 11, 2026. Investors: M Ventures, Barda and Merck. Precision Chroma is based in Christchurch, Canterbury, New Zealand.

How much did Precision Chroma raise?
Precision Chroma raised $13 Million in a Seed round on October 11, 2026.
Who invested in Precision Chroma?
M Ventures, Barda and Merck are named as investors in this round.
What does Precision Chroma do?
Precision Chroma develops 3D-printed agarose packed-bed chromatography technology for purifying therapeutic proteins in biopharmaceutical manufacturing.
Where is Precision Chroma based and how big is it?
Precision Chroma is based in Christchurch, Canterbury, New Zealand. Fundz records about 8 employees.

Source: Fundz verified event record.

Who else raised in Manufacturing and Biotechnology around the same time

Companies in the same sectors as Precision Chroma that raised within 45 days of this round, from Fundz verified event records.

  • XTPL raised $6.5M on November 13, 2026.
  • Biomatter raised $18M (Series A) on November 12, 2026.
  • Mosaic Intelligence Labs raised $47M (Seed) on November 10, 2026.
  • FluoRok raised $30M (Series A) on November 5, 2026.
  • altM raised $10M (Series A) on November 5, 2026.
  • MyoPax raised an undisclosed amount (Pre-Seed) on November 4, 2026.

Who to call at Precision Chroma, and when

A new round usually means Precision Chroma is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Precision Chroma raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Precision Chroma, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Precision Chroma. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Precision Chroma

Location

Christchurch, Canterbury, New Zealand

About

Precision Chroma develops 3D-printed agarose packed-bed chromatography technology for purifying therapeutic proteins in biopharmaceutical manufacturing. The company's customized monoliths with micro-engineered channels enable direct affinity capture from unclarified bioreactor harvest, replacing multiple traditional purification steps. Founded in 2020 and spun out from University of Canterbury research, the company aims to address a US$48 billion addressable market in protein purification.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Precision Chroma raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Precision Chroma's next move

See what Strategic adds

Precision Chroma raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.