Danish biotech startup Octarine Bio raises €4.35M for sustainable dyeing tech

Octarine Bio is a biotech startup aiming to reduce environmental toxicity in the textile industry. Here are details of Octarine Bio‘s latest funding round :

https://www.octarinebio.com/

🚀 Launch

2018

🏭 Industry

Biotechnology

🧠Management

Nethaji Gallage (Co-founder & CEO)

💸 Funding & Investors

INVESTMENT (Novembre 2023)€4.35 million
INVESTORS (Novembre 2023)led by Unconventional Ventures in tandem with Óskare Capital and The Footprint Firm, and saw participation from dsm-firmenich Venturing.

🎯 Funding purpose

Aiding the company accelerate the development of its offer as it prepares for commercialisation.

🌐 Country HQ

Denmark (Copenhagen)

Leave a Reply

Your email address will not be published.