Pacifico Biolabs raises €7M in a Series A round led by Stray Dog Capital, aiming to leverage brewery infrastructure for protein production.
Amount Raised
€7 Million
Round Type
Series A
LeipzigBiotechnologyFood and BeverageAgriculture and FarmingInvestors
Description
Pacifico Biolabs has secured €7 million in a Series A funding round. The funds will be used to scale production in Saxony, Germany, expand the team, and support commercial launches across the DACH region and Nordic Europe. The company utilizes standard brewery fermentation tanks for protein ingredient production, avoiding high costs of traditional methods. This innovative approach addresses the underutilization of brewery capacity due to declining alcohol consumption in Europe.
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