Fundz

Octarine Bio Raises €4.35M To Transform Sustainable Dyes In The Fashion Industry

PRIVATENov 08, 2023

Amount Raised

€4.35 Million

Round Type

Seed

CopenhagenFashionLifestyle

Investors

Dsm Firmenich VenturingThe Footprint Firmóskare CapitalUnconventional Ventures

Description

Danish synthetic biology startup Octarine Bio has concluded a €4.35 million funding round. The round was led by impact venture capital firm, Unconventional Ventures, with participation from Óskare Capital, The Footprint Firm, and dsm-firmenich Venturing. The investment will be used to accelerate and scale Octarine’s portfolio, helping to transform fashion with sustainable, natural dyes.

Quick answer

Octarine Bio raised €4.35 Million in a Seed round, dated November 8, 2023. Investors: Dsm Firmenich Venturing, The Footprint Firm, óskare Capital and Unconventional Ventures. Octarine Bio is based in Copenhagen, Capital Region Of Denmark, Denmark.

How much did Octarine Bio raise?
Octarine Bio raised €4.35 Million in a Seed round on November 8, 2023.
Who invested in Octarine Bio?
Dsm Firmenich Venturing, The Footprint Firm, óskare Capital and Unconventional Ventures are named as investors in this round.
What does Octarine Bio do?
Pioneering new sustainable bio-based ingredients
Where is Octarine Bio based and how big is it?
Octarine Bio is based in Copenhagen, Capital Region Of Denmark, Denmark.
Who are the decision-makers at Octarine Bio?
Fundz holds 1 contact at Octarine Bio. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fashion and Lifestyle around the same time

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

  • Spiritual Gangster raised an undisclosed amount on December 12, 2023.
  • Sahajan raised an undisclosed amount on November 8, 2023.
  • FounderSix raised $12M on October 25, 2023.
  • Novabay raised $555K (Seed) on December 21, 2023.
  • ON raised $25M (Funding Round) on December 6, 2023.
  • Haut.AI raised $2.2M (Seed) on November 15, 2023.

Who to call at Octarine Bio, and when

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

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Company Information

Company

Octarine Bio

Location

Copenhagen, Capital Region Of Denmark, Denmark

About

Pioneering new sustainable bio-based ingredients

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