Tech Company Financing Transactions
EvodiaBio Funding Round
EvodiaBio closed a $7.5 million funding round on 6/10/2024. Backers included EIFO and The March Group.
Transaction Overview
Company Name
Announced On
6/10/2024
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Undisclosed
Investors
EIFO (Johan Nielsen)
Proceeds Purpose
With extra capital backing, the company aims to become a global leader in sustainable aroma development for the food industry and beyond. It plans for both commercialisation and expansion.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Islevdalvej 211
Copenhagen, 2610
Denmark
Copenhagen, 2610
Denmark
Phone
Undisclosed
Website
Email Address
Overview
EvodiaBio was established as a commercial company in 2021 rooted in research conducted by three of its co-founders at the University of Copenhagen. Our drive is to create a better future for our planet by re-inventing aromatic compounds and eliminate the need for extracting aromas from plants or synthesizing them using petrochemicals, harmful catalysts and solvents.
Management Team
Title
Name
Email & Social
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