German biotech Infinite Roots harvests $58M in Series B funding to grow mycelium technology
Amount Raised
$58 Million
Round Type
Series B
HamburgBiotechnology ResearchInvestors
Description
Infinite Roots, a leading German biotech company, has successfully concluded a groundbreaking $58 million Series B funding round, led by Dr Hans Riegel Holding, with support from the EIC Fund, REWE Group, and Betagro Ventures, among others.
Quick answer
Infinite Roots raised $58 Million in a Series B round, dated January 25, 2024. Investors: Happiness Capital, Simon Capital, Redalpine, Food Labs, Clay Capital, Betagro Ventures, REWE Group and EIC Fund. Infinite Roots is based in Hamburg, Hamburg, Germany.
- How much did Infinite Roots raise?
- Infinite Roots raised $58 Million in a Series B round on January 25, 2024.
- Who invested in Infinite Roots?
- Happiness Capital, Simon Capital, Redalpine, Food Labs, Clay Capital, Betagro Ventures, REWE Group and EIC Fund are named as investors in this round.
- What does Infinite Roots do?
- Infinite Roots® We are Infinite Roots®—a biotech company using fermentation and fungi to create the next generation of sustainable alternative proteins.
- Where is Infinite Roots based and how big is it?
- Infinite Roots is based in Hamburg, Hamburg, Germany.
- Who are the decision-makers at Infinite Roots?
- Fundz holds 1 contact at Infinite Roots. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology Research around the same time
Companies in the same sectors as Infinite Roots that raised within 45 days of this round, from Fundz verified event records.
- Baseimmune raised $11M (Series A) on February 26, 2024.
- eFeed raised $10M (Seed) on February 21, 2024.
- VRG Therapeutics raised $15M (Series B) on February 20, 2024.
- Colipi raised $1.9M (Seed) on February 19, 2024.
- FreezeM raised $14M (Series A) on February 15, 2024.
- SingleTimeMicroneedles raised an undisclosed amount (Pre-Seed) on February 14, 2024.
Who to call at Infinite Roots, and when
A new round usually means Infinite Roots is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Infinite Roots raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Infinite Roots, from your own LinkedIn network
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Funding Insights
What this usually meansInfinite Roots 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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