Tech Company Financing Transactions
Chinova Bioworks Funding Round
On 6/22/2022, Chinova Bioworks raised $6 million in Series A investment from DSM Venturing, Rhapsody Venture Partners and Rich Products.
Transaction Overview
Company Name
Announced On
6/22/2022
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
50 Crowther Lane 100
Fredericton, New Brunswick, E3C0J1
Canada
Fredericton, New Brunswick, E3C0J1
Canada
Phone
Website
Email Address
Overview
Chinova Bioworks started in 2016 with a simple goal, to deliver clean-label ingredients and reduce food waste. While it seems simple, consumers and brands were faced with only one choice- artificial, hard to pronounce preservatives. Chinova was founded to help fill this gap. Looking to nature, we found a natural and sustainable alternative in a fiber extracted from white button mushrooms.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 6/22/2022: Zap Energy venture capital transaction
Next: 6/22/2022: Florence Healthcare venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs