Today we are thrilled to announce our latest investment in Endolith. Endolith is a bio-mining startup harnessing the power of microbes to extract more copper; a metal that is critical to electrification. Congratulations to Endolith Founder and CEO Liz Dennett, PhD and the entire Endolith team on closing your oversubscribed $5.13M seed round. Learn more about why we invested in Overture Co-Founder and Managing partner Shomik Dutta's article:
Hi Friends! We at Overture are excited to announce our latest Seed investment, into a bio-mining startup called Endolith. You may have caught the coverage from Tim De Chant at TechCrunch yesterday. Overture's "co-lead" investment is a generous term for receiving the deal from our friends Guy Vidra and Chris Dowd, writing a smaller check, and displaying far less capable leadership than Collaborative Fund. Nonetheless! We are psyched to be a part of the round and love working with Liz Dennett, PhD and her amazing team and to join other great investors like Nucleus Capital and Nomadic Venture Partners. Read more below if you want to learn more about the potential for microbes to help solve some of our most pressing upstream critical metals & minerals challenges!