Mayfield takes on Arvind Gupta Founder of IndieBio to expand its engineering biology practice
California: Mayfield today announced the addition of Arvind Gupta, founder of the world’s leading biotech accelerator IndieBio, as Partner to expand the firm’s vibrant engineering biology practice.
The firm also announced that it had invested in and partnered with SOSV, the parent firm of IndieBio, to co-found the Genesis Consortium, an alliance of funds and corporations to promote human and planetary evolution.
Gupta will continue as Venture Advisor at IndieBio and advise cohort selection as well as mentoring of new IndieBio startups for both San Francisco and New York. SOSV and Mayfield are partnering with other committed investors and corporations to develop the Genesis Consortium.
As part of the Genesis Consortium, Mayfield will invest alongside SOSV in their IndieBio batches every 6 months, cementing the partnership with SOSV.
