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Fungi in the lab Hexagon Bio. In 1928, a Scottish researcher by the name of Alexander Fleming came back from vacation to discover that he’d accidentally grown a species of fungi called Penicillium on a petri dish containing bacteria. The fungi, to Fleming’s surprise, appeared to be keeping the growth of that bacteria at bay. Further investigations led him to discover the life-saving antibiotic penicillin, which sparked a revolution in the treatment of infectious disease. Almost a century later, Hexagon Bio wants to discover more medicinal uses for fungi (though this time, it will be on purpose). On September 15th, the company announced that it raised a $47 million Series A round that will ... Full story

7 days ago, 16 September