Overview

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Total Equity Funding
$6.29M in 2 Rounds from 4 Investors
Most Recent Funding
$5.48M Series B on July 16, 2012
Headquarters:
Stuttgart
Description:
Subitec is engaged in the production of microalgae biomass substances for the cosmetics and food additives industries.
Founders:
Categories:
Biotechnology
Website:
http://subitec.com

Company Details

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Founded:
2000
Contact:
49 711 970 4200
Employees:
11 - 50 | 1 in Crunchbase

Subitec was founded in 2000 as a spin-off of the Fraunhofer Institute for Interfacial and Biotechnology (IGB). In the run-up to the founding, scientists at IGB had already been dealing with the subject of microalgae since 1995. In 2007, operational business was started and the first investors were sought after.

Funding Rounds (2) - $6.29M

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DateAmount / RoundValuationLead InvestorInvestors
Jul, 2012€4.5M / Series B4
Jun, 2007€610k / Series A1

Current Team (1)

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Board Members and Advisors (1)

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News (2)

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DateNews
Jul 16, 2012FinSMEs - FinSMEs
Mar 20, 2010igb.fraunhofer.de - Subitec raises 811544 in venture round

Offices/Locations (1)

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  • Office

    Nobelstrasse 12

    Stuttgart, D-70569

    DEU

Images (1)

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