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Enginzyme Raises €21 Million In Series B To Accelerate The Commercialisation Of Its Cell-Free Biomanufacturing Technology

PRIVATEDec 19, 2022

Amount Raised

€21 Million

Round Type

Series B

SwedenBiotechnology

Investors

Sofinnova PartnersBunge VenturesNavigare VenturesAlmi Invest Green Tech

Description

EnginZyme, a green tech company developing biomanufacturing processes for the sustainable manufacturing of everyday products, announced today that it had raised €21 million in a Series B financing round. New investors, including Almi Invest GreenTech, Navigare Ventures and Bunge Ventures, join existing investors Sofinnova Partners, Industrifonden and SEB GreenTech VC in the funding round.

Quick answer

EnginZyme raised €21 Million in a Series B round, dated December 19, 2022. Investors: Sofinnova Partners, Bunge Ventures, Navigare Ventures and Almi Invest Green Tech. EnginZyme is based in Sweden.

How much did EnginZyme raise?
EnginZyme raised €21 Million in a Series B round on December 19, 2022.
Who invested in EnginZyme?
Sofinnova Partners, Bunge Ventures, Navigare Ventures and Almi Invest Green Tech are named as investors in this round.
What does EnginZyme do?
Founded in Sweden in 2014, EnginZyme wants to play a key role in tackling climate change by enabling green chemistry for every industry.
Where is EnginZyme based and how big is it?
EnginZyme is based in Sweden.
Who are the decision-makers at EnginZyme?
Fundz holds 1 contact at EnginZyme, including the Media Contact. 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 EnginZyme that raised within 45 days of this round, from Fundz verified event records.

  • Creative BioTherapeutics LLC raised $80K (Pre-Seed) on February 2, 2023.
  • ReelReactor raised $85K (Pre-Seed) on February 2, 2023.
  • Ensysce Biosciences raised $2.8M (Seed) on February 2, 2023.
  • Early Detection raised $25K (Seed) on February 1, 2023.
  • Enko Chem raised $80M (Series C) on January 31, 2023.
  • Syntach AB raised $19M (Funding Round) on January 30, 2023.

Who to call at EnginZyme, and when

A new round usually means EnginZyme is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

EnginZyme

Location

Sweden

About

Founded in Sweden in 2014, EnginZyme wants to play a key role in tackling climate change by enabling green chemistry for every industry. By replacing traditional fossil-based manufacturing with the patented cell-free technology platform, EnginZyme seeks to accelerate the shift toward the sustainable biomanufacturing of products that modern society relies on. EnginZyme is recognised as a Technology Pioneer by the World Economic Forum, named a Global Cleantech 100 company, and is backed by an international syndicate of investors: Sofinnova Partners, Industrifonden, SEB GreenTech VC, Almi Invest GreenTech, Navigare Ventures and Bunge Ventures. To learn more, go to www.enginzyme.com.

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Related People

1 contact
Verified contactsHans J., Media Contact hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

EnginZyme 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.