Gates Frontier

Activity from announced rounds

Activity in this selectionOct 17, 2026 · Jul 20, 2026

Gates Frontier is the investor named in LifeMine and Mazama announcements, with Mazama’s relationship also confirmed by co-investor commentary.

Recorded funding activity

Mazama develops engineered geothermal reservoirs in very hot rock. LifeMine develops medicines using fungal genomes, while Hertha works on continuous iron and steel production. The investor remains distinct from Gates Foundation, Gates Ventures and Breakthrough Energy.

Sources
Rounds participated in
3
Confirmed lead rounds
0
1 roles undisclosed
New companies
3
First participation on record · 0 follow-on
Funding in participating rounds
$531.7M
3 disclosed · full round size, not this investor’s share

By stage

Series A1
Series B1
Undisclosed1

By primary sector

Biotech1
Climate tech1
Industrial tech1

By country

United States3

Rounds

3 in this selection
Hertha Metals

Develops a continuous process for producing iron and steel from different ore grades using natural gas or hydrogen.

$133.7MSeries A
Participant
Mazama Energy

A geothermal developer building enhanced geothermal systems that create engineered reservoirs in very hot rock to deliver round-the-clock electricity.

$135MSeries B
Participant
LifeMine Therapeutics

Develops fungal genome-derived therapeutics for organ transplant rejection

$263MSeries D+Series E
Role not disclosed