EvodiaBio secures €7 million in funding from foreign and Danish investment funds to revolutionize the sustainable aroma industry
Amount Raised
€7 Million
Round Type
Venture
CopenhagenBiotechnologyInvestors
Description
Copenhagen-based EvodiaBio has successfully raised an investment of €7 million, aiming to provide environmentally friendly solutions for various industries, starting with the beer industry. The round was led by both foreign and Danish investment funds, including EIFO and The March Group. This substantial capital infusion will be dedicated to commercialization and expansion efforts, positioning EvodiaBio to transform the sustainable aroma industry. EvodiaBio has pioneered a groundbreaking and sustainable method to produce natural aromas, forming the cornerstone of its innovative technology.
Quick answer
EvodiaBio raised €7 Million in a funding round, dated June 7, 2024. Investors: The March Group and Eifo. EvodiaBio is based in Copenhagen, Capital Region Of Denmark, Denmark.
- How much did EvodiaBio raise?
- EvodiaBio raised €7 Million in a funding round on June 7, 2024.
- Who invested in EvodiaBio?
- The March Group and Eifo are named as investors in this round.
- What does EvodiaBio do?
- EvodiaBio is a bio-industrial company producing sustainable, natural aromas for the food and beverage industry.
- Where is EvodiaBio based and how big is it?
- EvodiaBio is based in Copenhagen, Capital Region Of Denmark, Denmark. Fundz records about 28 employees.
- Who are the decision-makers at EvodiaBio?
- Fundz holds 2 contacts at EvodiaBio, including the Chief Controller / Ekonomichef. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology around the same time
Companies in the same sectors as EvodiaBio that raised within 45 days of this round, from Fundz verified event records.
- Hepion Pharmaceuticals raised $2.9M on July 19, 2024.
- Biodexa Pharmaceuticals raised $5M on July 19, 2024.
- Rona Therapeutics raised $35M (Series A) on July 19, 2024.
- GRO Biosciences raised $60M (Series B) on July 19, 2024.
- Ignitedata (Delaware) raised $500K on July 19, 2024.
- Ensho Therapeutics raised $400K on July 19, 2024.
Who to call at EvodiaBio, and when
A new round usually means EvodiaBio is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day EvodiaBio raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at EvodiaBio, from your own LinkedIn network
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Related People
EvodiaBio raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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