Denmark

[Funding alert] Odense-based Bioindustrial Startup Bioomix Secures €6.3 Mn Fresh Funding

Oct 30, 2023 | By Startuprise

[Funding alert] Odense-based Bioindustrial Startup Bioomix Secures €6.3 Mn Fresh Funding
CEO and co-founder of Bioomix, Morten Andersen

Bioomix, a bioindustrial firm based in Odense, has secured €6.3 million in new funding. West Hill Capital led the investment, which included participation from new investors in addition to the ongoing backing of PreSeed Ventures, Planetary Impact Ventures, HBL Invest, and David Hollidge.

Bioindustrial startup Bioomix has developed a one-of-a-kind methodology and technological platform that paves the way for us to find new useful microorganisms in a more expedient manner reported by eu-startups.

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CEO and co-founder of Bioomix, Morten Andersen, said: “We are profoundly grateful for the unwavering support from both our existing and new investors. With this infusion of capital, we can accelerate the development and manufacturing of innovative microbial solutions for farmers, promoting sustainable, productive, and profitable food production. Our vision remains — to support farmers, make agriculture more sustainable, reduce its environmental impact, combat deforestation, and address the global food security challenges. This investment propels us closer to achieving that mission. A mission more critical than ever.”

Bioomix creates microbial remedies to address issues that arise in the fields of agriculture, food production, public health, and the environment.

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Managing Partner of Planetary Impact Ventures, Thomas Høgenhaven, said, “There is an urgent need to foster living soils, reduce the need for fertilizer, adapt to changing climate, and decrease leaching of nitrogen to rivers. We need to foster new solutions that are respectful and humble to soil diversity. Solutions that can help more farmers transition to regenerative farming practices. We see Bioomix as a shining light finding and growing local microbes to help solving some of our times biggest problems.”

About Bioomix

Danish biotech business Bioomix is situated in Odense. They are creating natural microbial products that can assist farmers in producing better and higher yields while using less chemicals and emitting less pollutants. Their goal is to guarantee a sustainable future for agriculture by doing away with the usage of synthetic fertilisers, pesticides, and antibiotics.

Read also - UK-based Globacap Secures $21Million Series B Round Funding

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