Alternative Plants

About:

Hidden botanical treasures - active ingredients from rare medicinal plants made accessible by our plant stem cell technology

Website: https://alternativeplants.eu/

Twitter/X: alternatplants

Top Investors: SOSV, Buildit Accelerator, RebelBio

Description:

Alternative Plants is a biotech start-up that establishes plant stem cell cultures for effective, consistent and sustainable production of cosmetic active ingredients. Our focus is on medicinal plants that are difficult to grow, are rare or even endangered, so our plant stem cell culture technology is the only way to access the valuable substances that they produce. Our current focus is on cosmetic active ingredients market. Our clients are cosmetic manufacturers that use our plant stem cell derived active substances as key active ingredients in their products. In the same time we clearly see that with our technology we can later expand to other markets as functional foods, medical devices and pharma as well.

Total Funding Amount:

550000 EUR

Estimated Revenue Range:

Less than $1M

Headquarters Location:

Riga, Riga, Latvia

Founded Date:

2017-03-17

Contact Email:

anna(AT)alternativeplants.eu

Founders:

Anna Ramata-Stunda, Martins Boroduskis

Number of Employees:

1-10

Last Funding Date:

2022-05-27

IPO Status:

Private

Industries:

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