Breaking
one.bio raises $27M Series A to make anti-inflammatory fiber invisible in food Seventh-generation Wisconsin farmer now runs a Sacramento biotech Formerly cofounder & CEO of vertical-farming unicorn Plenty Backers include Alpha Edison, Leaps by Bayer, Mitsui, dsm-firmenich Fiber structures characterized from 2,500+ plants, foods, algae and bacteria
Person · Founder · Operator

Matt Barnard

He grew up on a farm that measured nothing. Then he built companies that measure everything - and bet his career on a single idea: what you eat is what you become.

Cofounder & CEO, one.bio Cofounder, Plenty Sacramento, CA
Matt Barnard, cofounder and CEO of one.bio
Matt Barnard. Seven generations of dirt under the fingernails, now working at the scale of a single carbohydrate chain.
The Pitch

Matt Barnard spends his days trying to slip something into your food without you noticing. Not a trick - a fiber. Odorless, colorless, tasteless, and dosed higher than food has ever carried it. At one.bio, the Sacramento biotech he cofounded and runs, the pitch is disarmingly simple: our food is making us sick, and the fix is a molecule most of us stopped eating enough of.

$43.5M
Total raised, one.bio
2,500+
Plants fiber-mapped
7
Generations of farmers
$200M+
Raised at Plenty
What He's Building Now

The invisible ingredient

one.bio began life as BCD Bioscience, a spinout of research at UC Davis. Its founding scientists - among them Matt Amicucci, who built a molecular catalogue of food fibers that the company calls the Glycopedia - had spent years asking a narrow, stubborn question: which specific fibers feed which specific bacteria in the human gut?

In 2023 they brought in Barnard as cofounder and CEO, and the company launched publicly that October. The science underneath it is unglamorous and precise. Take a plant fiber - a long polysaccharide - and break it down into short chains called oligosaccharides. Those shorter chains are a better meal for the good bacteria in your gut. Do it well enough and you can add the result to ordinary food and drink at doses that would normally make a smoothie taste like a haystack. Except nobody tastes anything.

"We're making odorless, colorless, tasteless fibers that can be added to foods at uniquely high doses," Barnard has said. That sentence is the whole company.

In December 2024, one.bio closed a $27 million Series A led by Alpha Edison, with Leaps by Bayer, Mitsui, Morado, ReMY, dsm-firmenich and others joining. The money is aimed at a single, hard problem: making anti-inflammatory plant fiber imperceptible in food and beverage, at scale, for the first time.

The more you understand and control what exactly is eaten, the more control you have over health. - Matt Barnard, on the lesson he carried out of Plenty
Before This

He already fed a city once

Long before fiber, Barnard was the face of vertical farming's loudest bet. In 2013 he cofounded Plenty and set out to grow greens in stacked indoor towers near cities, year-round, without pesticides. The claim was audacious - yields of up to 350 times the produce per acre on roughly one percent of the water conventional field farming uses.

Audacious raises money. In 2017, SoftBank's Vision Fund led a round north of $140 million, with Jeff Bezos and Eric Schmidt among the backers. Plenty became a unicorn. Barnard - the kid from the Wisconsin orchard - was suddenly the operator investors trusted to reinvent lettuce.

His obsession then was the same as it is now: taste as proof. He liked telling the story of skeptics biting into Plenty's kale and blurting out that it was so good you shouldn't even call it kale. He predicted people would be "addicted" to the strawberries and struggle to get home from the store without finishing the box. Around 2020 he moved from CEO to executive chairman, and Plenty inked a deal to stock hundreds of Albertsons stores across California.

Two companies, one thesis. First he controlled the plant. Now he's after the molecule.

The Route

From orchard to oligosaccharide

Before 2013

Operating and corporate-development roles across telecom, utilities and tech - including work touching Nest, Dropcam and Mightybell, plus a stint as VP of Deployment at SmartSynch. Teams he led designed and deployed roughly a billion dollars of infrastructure.

2013

Cofounds Plenty and takes the CEO seat, chasing indoor vertical farming near major cities.

2017

SoftBank's Vision Fund leads a $140M+ round; Bezos and Schmidt join. Plenty becomes a unicorn.

2020

Shifts from CEO to executive chairman; Plenty signs to supply hundreds of Albertsons stores in California.

2023

Joins UC Davis spinout BCD Bioscience as cofounder and CEO. The company launches publicly as One Bio in October.

Dec 2024

one.bio closes a $27M Series A led by Alpha Edison to commercialize high-dose, imperceptible plant fiber.

The Argument

Fix the food, skip the pill

The diagnosis

"Our food is making us sick"

Barnard frames the modern diet as inflammatory - one that produces an inflammatory microbiome tied to a long list of chronic diseases. The problem, in his telling, isn't willpower. It's what's on the plate.

The mechanism

Feed the good bacteria

Specific fibers nourish specific gut bacteria. Break long fibers into short oligosaccharide chains and you hand those bacteria a better meal - nudging the microbiome and immune function in a healthier direction.

The delivery

No behavior change

The bet is that people won't take pills or overhaul their lives. So one.bio hides the medicine in the meal - invisible fiber in food you already eat, at doses no one has hit before.

The Curiosities

Things worth knowing

  • Seven generations deep. He was raised on a cherry and apple farm in Wisconsin, part of a farming line he describes as seven generations and counting.
  • Two Matts, one lab. The company is run by Matt Barnard (CEO) and Matt Amicucci (Chief Science Officer), who built the Glycopedia during his UC Davis doctorate.
  • He keeps making the same bet. Lettuce, then fiber. Both wager that if you control what people eat, you control how healthy they are.
  • Taste is his stress test. At Plenty it was kale that converted the haters. At one.bio it's fiber you can't detect at all - the ultimate version of the same standard.
The Long Game

A quieter kind of ambition

There's a pattern to Barnard's career, and it isn't hype. It's patience wearing a lab coat. He spent years convincing people that a warehouse could out-farm a field, and now he's spending more of them convincing a coffee, a bar, a snack that it can carry a dose of health nobody can taste. The aspiration he keeps returning to is unfashionably modest for a founder: extend the years people feel good, without pills, without lectures, without asking anyone to change a thing. Just better food, quietly rebuilt from the fiber up.

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