BIOWEG

company

About

Replacing Microplastic With The Power Of Bacteria And Green Chemistry

  • 11 - 50

Details

Last Funding Type
Grant
Last Funding Money Raised
€2.50M
Industries
Advanced Materials,AgTech,Biotechnology,Chemical,Cosmetics,Food and Beverage
Founded date
Mar 1, 2019
Number Of Employee
11 - 50
Operating Status
Active

Founded in Germany in 2019, Bioweg is a purpose-driven company, matches BioInnOvation to business problems. Their research combine biotechnology, material science, and molecular simulation learning to develop and sell B2B advanced sustainable and bio-based high-performance ingredients. Their ingredients are 100% animal-free, globally scalable, and sustainably manufactured with green chemistry.
The company partners with results-driven, forward-thinking companies and consumer brands with global reach in cosmetics, personal care, agricultural technology, and food/beverage sectors. Bioweg's innovative zero-waste circular process uses food industry waste as feedstock to produce bio-based microbeads, rheology modifiers and hydrocolloids that are completely free of microplastics and comply with the new ECHA regulation.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
€2.50M
BIOWEG has raised a total of €2.50M in funding over 2 rounds. Their latest funding was raised on Dec 15, 2021 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 15, 2021 Grant €2.50M 1 Detail

Investments

Number of Investments
Number of Lead Investments
3
0
BIOWEG has made 3 investments. Their most recent investment was on Jul 19, 2021, when Properly raised $44M.
Date Company Name
Round Money Raised Industry Lead Investor
Jul 19, 2021 Properly
Series B $44M Internet
Sep 27, 2017 Klue
Seed $4M Artificial Intelligence
Aug 6, 2015 Flexport
Series A $22.10M Freight Service

Investors

Number of Lead Investors
Number of Investors
1
BIOWEG is funded by 1 investors. European Innovation Council are the most recent investors.
Investor Name Lead Investor Funding Round
European Innovation Council Grant