EvodiaBio

Natural aroma blends for sustainable brewing and responsible drinking

General Information
Company Name
EvodiaBio
Founded Year
2021
Location (Offices)
Denmark +1
Founders / Decision Makers
Number of Employees
31
Industries
Biotechnology
Funding Stage
Series A
Social Media

EvodiaBio - Company Profile

EvodiaBio is a Danish biotechnology startup founded in 2021, specializing in producing sustainable, natural aromas for the food and beverage industry. The company's slogan, "Natural aroma blends for sustainable brewing and responsible drinking," encapsulates its commitment to providing environmentally friendly solutions. EvodiaBio's disruptive yeast-based technology has garnered attention, as it enables consumers to enjoy the benefits of non-alcoholic beer without compromising on taste. In June 2024, EvodiaBio secured a significant kr50.00M Series A investment from a syndicate of notable investors including Thia Ventures, PINC, Export and Investment Fund, Newtree Impact, Nordic Foodtech VC, The March Group, Symrise, and Ananke Ventures. This substantial funding not only validates the potential of EvodiaBio's technology but also provides the necessary resources for further development and market expansion. With its innovative approach to addressing the growing demand for sustainable and natural ingredients in the food and beverage industry, EvodiaBio is well-positioned to make a positive impact. The company's focus on sustainability and responsible consumption aligns with evolving consumer trends, making it an intriguing prospect for investors seeking opportunities in both the biotechnology and sustainable business sectors.

Taxonomy: sustainable brewing, natural aromas, non-alcoholic beverages, yeast-based technology, bio-industrial, food and beverage, sustainable scents

Funding Rounds & Investors of EvodiaBio (3)

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Funding Stage Amount No. Investors Investors Date
Series A kr50.00M 8 Symrise, Ananke Ventures 07 Jun 2024
Seed Round kr31.00M 2 20 Dec 2022
Convertible Note kr14.00M 1 23 Aug 2022

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