Taste, Nutrition & Health | Corporate

— Bio-industrial startup raises 45 million Danish kroner for ambitious growth strategy
— Symrise among the contributors of the capital increase
— Minority share to strengthen sustainable taste solution offering
— Novel precision fermentation technology in line with Taste, Nutrition & Health segment strategy

For its recent capital increase, Danish biotech company EvodiaBio was looking for strategic investors. Symrise joined the group of international contributors to support the fast-growing start-up.

EvodiaBio has developed a ground-breaking technology platform that uses precision fermentation to produce sustainable taste for the food and beverage industry, with the potential to go beyond this market. Symrise looks forward to the future collaboration.

EvodiaBio, founded just one-and-a-half-years ago, also received financial support from the BioInnovation Institute, a Danish accelerator funded by the Novo Nordisk Foundation.

You can read the full press release here: EvodiaBio raises 6.4 million dollars to produce aroma through precision fermentation – EvodiaBio