BIOWEG

About:

Replacing Microplastic With The Power Of Bacteria And Green Chemistry

Website: https://bioweg.com/

Top Investors: European Innovation Council, VentureOut, RootCamp, NBank

Description:

Founded in Germany in 2019, Bioweg is a purpose-driven company, matches BioInnOvation to business problems. Their research combine biotechnology, material science, and molecular simulation learning to develop and sell B2B advanced sustainable and bio-based high-performance ingredients. Their ingredients are 100% animal-free, globally scalable, and sustainably manufactured with green chemistry. The company partners with results-driven, forward-thinking companies and consumer brands with global reach in cosmetics, personal care, agricultural technology, and food/beverage sectors. Bioweg's innovative zero-waste circular process uses food industry waste as feedstock to produce bio-based microbeads, rheology modifiers and hydrocolloids that are completely free of microplastics and comply with the new ECHA regulation.

Total Funding Amount:

13.6M EUR

Headquarters Location:

Quakenbrück, Niedersachsen, Germany

Founded Date:

2019-03-01

Contact Email:

contact(AT)bioweg.com

Founders:

Prateek Mahalwar, Srinivas Karuturi

Number of Employees:

11-50

Last Funding Date:

2023-03-06

IPO Status:

Private

Industries:

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