Fundz

Core Biogenesis Raises $10.5M To Accelerate Plant-Based Bioproduction

PRIVATEJul 28, 2022

Amount Raised

$10.5 Million

Round Type

Funding Round

StrasbourgBiotechnologyHealth Care

Description

Core Biogenesis, an emerging biotechnology company with a novel plant-based bioproduction platform, recently completed a $10.5M Series A funding round. The funds will be used to build out an industrial scale facility dedicated to producing growth factors and cytokines for the burgeoning cell therapy market and cellular agriculture industry, and to hire additional scientific and technical staff to support the expansion. The funding round was led by XAnge, a Paris-based science and technology venture capital firm. Other investors include Blue Horizon Ventures, a Zurich-based venture capital firm with a focus on protein alternatives and food tech, and Thia Ventures, an investor at the crossroads of biotechnology, nutrition and health, with offices in Geneva, Luxembourg, Belgium and Singapore.

Quick answer

Core Biogenesis raised $10.5 Million in a Funding Round round, dated July 28, 2022. Core Biogenesis is based in Strasbourg, Grand Est, France.

How much did Core Biogenesis raise?
Core Biogenesis raised $10.5 Million in a Funding Round round on July 28, 2022.
What does Core Biogenesis do?
Founded in May 2020 by Dr. Chouaib Meziadi and Alexandre Reeber, Core Biogenesis employs a novel green bioproduction platform to express recombinant proteins from plants.
Where is Core Biogenesis based and how big is it?
Core Biogenesis is based in Strasbourg, Grand Est, France.

Source: Fundz verified event record.

Who else raised in Biotechnology and Health Care around the same time

Companies in the same sectors as Core Biogenesis that raised within 45 days of this round, from Fundz verified event records.

  • Novabay raised $2.1M (Seed) on September 9, 2022.
  • ABK Biomedical raised $18M on September 9, 2022.
  • Novabay raised $5.3M (Post-IPO Equity) on September 9, 2022.
  • Tetra Bio-Pharma Inc. raised an undisclosed amount (Funding Round) on September 8, 2022.
  • Photys Therapeutics raised $75M (Series A) on September 8, 2022.
  • Nutromics raised $14M (Funding Round) on September 8, 2022.

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Company Information

Company

Core Biogenesis

Location

Strasbourg, Grand Est, France

About

Founded in May 2020 by Dr. Chouaib Meziadi and Alexandre Reeber, Core Biogenesis employs a novel green bioproduction platform to express recombinant proteins from plants. Their animal-free growth factors and cytokines contribute to a more cost-effective and commercially-viable cell therapy manufacturing process, thereby supporting the treatment of neurodegenerative and cardiovascular diseases and certain cancers. In December 2020, the startup raised €2.6 million in Seed from XAnge, Entrepreneur First, Plug and Play and several Business Angels. In March 2022 it completed a 2nd round of €10M in Series A from XAnge, Blue Horizon Ventures, Entrepreneur First and Business Angels. Core Biogenesis was Grand Prize winner of the national i-Lab BPI France competition in 2021. SOURCE Core Biogenesis

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Core Biogenesis 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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