{"id":810013,"date":"2022-07-27T07:16:48","date_gmt":"2022-07-27T05:16:48","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/"},"modified":"2022-07-27T07:16:48","modified_gmt":"2022-07-27T05:16:48","slug":"aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/","title":{"rendered":"Aanika Biosciences Launches Insurance Vehicle \u201cAanika Re\u201d with Initial Backing From Adit Ventures"},"content":{"rendered":"

BROOKLYN, N.Y.–(BUSINESS WIRE)–Adit Ventures, a global venture capital firm with over $400 million in AUM, has agreed to seed Aanika Re, a Bermuda-based insurance vehicle wholly owned by Aanika Biosciences, inc.\n<\/p>\n

\nAanika Re\u2019s mandate is to leverage the microbial tagging technology developed by Aanika Biosciences, as well as a broader swath of biological innovations, to prevent, identify and mitigate various risks in the food and agricultural industries.\n<\/p>\n

\n\u201cNo one in the trillion dollar insurance market is looking at biology as a source of data commented, Vishaal Bhuyan co-founder and CEO of Aanika Biosciences. He added \u201ctraceability is at the heart of three main catalysts: 1) climate changes, which could lead to a significant rise in food safety issues 2) FDA rules on traceability which are coming into effect within 24 months and 3) ESG compliance for public companies.\u201d\n<\/p>\n

\nWith the ability to tag and distinguish identical commodities and deploy preventative technologies, Aanika Re can provide coverage in areas that have been historically difficult to insure and potentially provide a cost savings on existing types of coverage.\n<\/p>\n

\nAanika Re being domiciled in Bermuda is the natural progression for Aanika since it was accepted into the Bermuda Monetary Authority\u2019s \u201cinnovation hub\u201d earlier this year.\n<\/p>\n

\n\u201cWe are really excited about Aanika and this opportunity, said Jon Cholak Partner and Co-Chief Investment Officer of Adit Ventures and Aanika board member. He continued: \u201cIt is rare to find compelling technology coupled with a difficult to replicate market strategy, which is what I believe Aanika has here\u2019.\n<\/p>\n

\nThe insurance industry is nothing new to Aanika, CEO Vishaal Bhuyan co-authored 3 books with FT Press and Wiley, on the use of insurance to address issues such as over-fishing, under-funded pensions and water scarcity. Earlier this year the company hired Catherine Bessleman, a seasoned and senior reinsurance underwriter formerly at Hamilton Re.\n<\/p>\n

\nAbout Adit Ventures\n<\/p>\n

\nAdit Ventures is an employee owned and operated asset management firm headquartered in New York. Adit manages early-stage and late-stage venture capital funds, selectively investing in dynamic, high-growth sectors like AI\/Big Data, Cloud, Critical Infrastructure, Cybersecurity, EdTech, FinTech, HealthTech, Internet of Things, New Media & Entertainment and Space.\n<\/p>\n

\nAdit has invested in some of the world\u2019s leading companies with exits in Airbnb, Astrocast, Cytocom, DocSend, Forge, Lemonade, Lyft, Palantir, Riff Analytics, Robinhood, Snap, SoFi, Spotify and Welltok.\n<\/p>\n

\nPlease visit www.aditventures.com<\/a> for additional information.\n<\/p>\n

\nAbout Aanika Biosciences\n<\/p>\n

\nAanika Biosciences is a Brooklyn based synthetic biology startup that uses microbes to improve food safety. The company was founded in 2018 by Vishal Bhuyan and Dr. Ellen Jorgensen and has raised nearly $20 million in venture financing to date from notable investors such as Adit Ventures, Draper Associates and Plug and Play Ventures.\n<\/p>\n

Contacts <\/p>\n

\ninquiries@aanikabio.com<\/a>
347-577-9499<\/p>","protected":false},"excerpt":{"rendered":"

BROOKLYN, N.Y.–(BUSINESS WIRE)–Adit Ventures, a global venture capital firm with over $400 million in AUM, has agreed to seed Aanika Re, a Bermuda-based insurance vehicle wholly owned by Aanika Biosciences, inc. Aanika Re\u2019s mandate is to leverage the microbial tagging technology developed by Aanika Biosciences, as well as a broader swath of biological innovations, to […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-810013","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"\nAanika Biosciences Launches Insurance Vehicle \u201cAanika Re\u201d with Initial Backing From Adit Ventures - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aanika Biosciences Launches Insurance Vehicle \u201cAanika Re\u201d with Initial Backing From Adit Ventures - BeBeez\" \/>\n<meta property=\"og:description\" content=\"BROOKLYN, N.Y.–(BUSINESS WIRE)–Adit Ventures, a global venture capital firm with over $400 million in AUM, has agreed to seed Aanika Re, a Bermuda-based insurance vehicle wholly owned by Aanika Biosciences, inc. Aanika Re\u2019s mandate is to leverage the microbial tagging technology developed by Aanika Biosciences, as well as a broader swath of biological innovations, to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/\" \/>\n<meta property=\"og:site_name\" content=\"BeBeez\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-27T05:16:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo-x2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"683\" \/>\n\t<meta property=\"og:image:height\" content=\"242\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Aanika Biosciences Launches Insurance Vehicle \u201cAanika Re\u201d with Initial Backing From Adit Ventures\",\"datePublished\":\"2022-07-27T05:16:48+00:00\",\"dateModified\":\"2022-07-27T05:16:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/\"},\"wordCount\":468,\"publisher\":{\"@id\":\"https:\/\/15.161.165.86\/#organization\"},\"articleSection\":[\"Private capital in North America\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/\",\"url\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/\",\"name\":\"Aanika Biosciences Launches Insurance Vehicle \u201cAanika Re\u201d with Initial Backing From Adit Ventures - BeBeez\",\"isPartOf\":{\"@id\":\"https:\/\/15.161.165.86\/#website\"},\"datePublished\":\"2022-07-27T05:16:48+00:00\",\"dateModified\":\"2022-07-27T05:16:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bebeez.it\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Aanika Biosciences Launches Insurance Vehicle \u201cAanika Re\u201d with Initial Backing From Adit Ventures\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/15.161.165.86\/#website\",\"url\":\"https:\/\/15.161.165.86\/\",\"name\":\"BeBeez\",\"description\":\"BeBeez\",\"publisher\":{\"@id\":\"https:\/\/15.161.165.86\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/15.161.165.86\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/15.161.165.86\/#organization\",\"name\":\"BeBeez\",\"url\":\"https:\/\/15.161.165.86\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/15.161.165.86\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo.png\",\"contentUrl\":\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo.png\",\"width\":309,\"height\":122,\"caption\":\"BeBeez\"},\"image\":{\"@id\":\"https:\/\/15.161.165.86\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Aanika Biosciences Launches Insurance Vehicle \u201cAanika Re\u201d with Initial Backing From Adit Ventures - BeBeez","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/","og_locale":"en_US","og_type":"article","og_title":"Aanika Biosciences Launches Insurance Vehicle \u201cAanika Re\u201d with Initial Backing From Adit Ventures - BeBeez","og_description":"BROOKLYN, N.Y.–(BUSINESS WIRE)–Adit Ventures, a global venture capital firm with over $400 million in AUM, has agreed to seed Aanika Re, a Bermuda-based insurance vehicle wholly owned by Aanika Biosciences, inc. Aanika Re\u2019s mandate is to leverage the microbial tagging technology developed by Aanika Biosciences, as well as a broader swath of biological innovations, to […]","og_url":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/","og_site_name":"BeBeez","article_published_time":"2022-07-27T05:16:48+00:00","og_image":[{"width":683,"height":242,"url":"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo-x2.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/#article","isPartOf":{"@id":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/"},"author":{"name":"","@id":""},"headline":"Aanika Biosciences Launches Insurance Vehicle \u201cAanika Re\u201d with Initial Backing From Adit Ventures","datePublished":"2022-07-27T05:16:48+00:00","dateModified":"2022-07-27T05:16:48+00:00","mainEntityOfPage":{"@id":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/"},"wordCount":468,"publisher":{"@id":"https:\/\/15.161.165.86\/#organization"},"articleSection":["Private capital in North America"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/","url":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/","name":"Aanika Biosciences Launches Insurance Vehicle \u201cAanika Re\u201d with Initial Backing From Adit Ventures - BeBeez","isPartOf":{"@id":"https:\/\/15.161.165.86\/#website"},"datePublished":"2022-07-27T05:16:48+00:00","dateModified":"2022-07-27T05:16:48+00:00","breadcrumb":{"@id":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/aanika-biosciences-launches-insurance-vehicle-aanika-re-with-initial-backing-from-adit-ventures\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bebeez.it\/en\/"},{"@type":"ListItem","position":2,"name":"Aanika Biosciences Launches Insurance Vehicle \u201cAanika Re\u201d with Initial Backing From Adit Ventures"}]},{"@type":"WebSite","@id":"https:\/\/15.161.165.86\/#website","url":"https:\/\/15.161.165.86\/","name":"BeBeez","description":"BeBeez","publisher":{"@id":"https:\/\/15.161.165.86\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/15.161.165.86\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/15.161.165.86\/#organization","name":"BeBeez","url":"https:\/\/15.161.165.86\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/15.161.165.86\/#\/schema\/logo\/image\/","url":"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo.png","contentUrl":"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo.png","width":309,"height":122,"caption":"BeBeez"},"image":{"@id":"https:\/\/15.161.165.86\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/posts\/810013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/comments?post=810013"}],"version-history":[{"count":0,"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/posts\/810013\/revisions"}],"wp:attachment":[{"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/media?parent=810013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/categories?post=810013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/tags?post=810013"},{"taxonomy":"settori","embeddable":true,"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/settori?post=810013"},{"taxonomy":"slider_categorie_and_home_page","embeddable":true,"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/slider_categorie_and_home_page?post=810013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}