Despite persistent online rumors, there is no evidence that Bill Gates or the Bill & Melinda Gates Foundation has provided funding to Terrana Biosciences. The $50 million Series A investment in Terrana Biosciences was made by Flagship Pioneering, a biotechnology investment firm, according to reports from Fundz and AgFunderNews.
A search of the Gates Foundation’s grant database reveals no grants awarded to Terrana Biosciences, and Snopes directly investigated this rumor, citing a spokesperson from Flagship Pioneering who denied any Gates involvement. The confusion may stem from the Gates Foundation awarding grants to other Flagship Pioneering companies, but these are unrelated to Terrana.
Misinformation on social media has misattributed the source of Terrana’s funding, but all verifiable evidence—public grant records, investment news, and direct statements from involved parties—points to Flagship Pioneering as the sole backer of Terrana Biosciences’ major funding round.