Tech Company Financing Transactions
ProteinDistillery Funding Round
Green Generation Fund and private investors participated in a $16.3 million Seed funding round for ProteinDistillery. The round was recorded on 3/7/2024.
Transaction Overview
Company Name
Announced On
3/7/2024
Transaction Type
Venture Equity
Amount
$16,290,000
Round
Seed
Investors
Green Generation Fund (Lead Investor)
Proceeds Purpose
The fresh capital will support the company's expansion and the launch of "Europe's first protein-competence center in Germany" to produce the company's flagship ingredient crafted from upcycled brewer's yeast from Germany's beer industry.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
Ostpreußenstraße 2/2
Ostfildern, 73760
Germany
Ostfildern, 73760
Germany
Phone
Website
Email Address
Overview
Within our four-member founding team, we brought together a large amount of top-tier biotech-, food processing- and business administration knowledge with many years of experience. Supported by an advisory board with wide-ranging competencies in food and biotech, we are optimally positioned, both technically and economically.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Michael Baunach
Co-Founder
Tomas Kurz
Co-Founder
Christoph Pitter
Co-Founder
Marco Ries
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