Loading organizations...
§ Private Profile · Quakenbrück, Niedersachsen, Germany
Biotechnology company developing bio-based, biodegradable ingredients to replace synthetic polymers and microplastics for cosmetics and food.
Based in Quakenbrück, Germany, BIOWEG is a biotechnology company that develops biodegradable alternatives to petroleum-based chemicals and synthetic microplastics using precision fermentation and green chemistry. The enterprise converts food industry waste into highly functional bacterial cellulose ingredients for commercial manufacturers operating across the global cosmetics, personal care, agricultural seed coating, and plant-based food sectors. Operating with a dedicated team of 18 employees, the company currently maintains a 6,000-liter pilot fermentation capacity as it scales its operations toward full-scale industrial production. To finance this manufacturing expansion, BIOWEG recently secured a €16 million Series A funding round backed by notable venture capital investors including High-Tech Gründerfonds and FoodLabs, while simultaneously establishing a strategic technology development partnership with Ginkgo Bioworks. The sustainable materials organization was officially founded in 2019 by co-founders Dr. Prateek Mahalwar and Srinivas Karuturi.
BIOWEG has raised $20.6M across 2 funding rounds.
BIOWEG has raised $20.6M in total across 2 funding rounds.
BIOWEG has raised $20.6M across 2 funding rounds. Most recently, it raised $1.8M Other Equity in December 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 22, 2025 | $1.8M Venture Round | The Federal Agency For Disruptive Innovation | — | Announced |
| Sep 16, 2025 | $18.8M Series A | Marc Lechantre | DR. Ing. Frank Jenner, Alvarez & Marsal, Nikolaj Klebert, EIC Fund, Viktoria Vorwachs | Announced |
BIOWEG has raised $20.6M in total across 2 funding rounds.
BIOWEG's investors include The Federal Agency for Disruptive Innovation, Marc Lechantre, Dr.-Ing. Frank Jenner, Alvarez & Marsal, Nikolaj Klebert, EIC Fund, Viktoria Vorwachs.