Funding

Microcaps funding news – Switzerland-based Microcaps AG Secures €9.6M in Series A Round Funding

Jun 10, 2024 | By Startup Rise EU

Microcaps AG, a leading innovator in advanced microencapsulation technology, secures €9.6million in series A round funding. This significant capital increase marks a pivotal moment for the company as it aims to meet the growing demand for its unique enabled ethanol free fine fragrance – Perfume Pearls.

Microcaps AG, a leading innovator in advanced microencapsulation technology, secures €9.6million in series A round funding. This significant capital increase marks a pivotal moment for the company as it aims to meet the growing demand for its unique enabled ethanol free fine fragrance – Perfume Pearls.

SUMMARY

  • Microcaps AG, a leading innovator in advanced microencapsulation technology, secures €9.6million in series A round funding.
  • Founded in 2019, Microcaps is a pioneering company specializing in advanced microencapsulation solutions.

This Series A round saw participation from new private investors, further broadening the company’s support network, as well as contributions from Microcaps‘ existing shareholder base, including Helvetica Capital AG, Zürcher Kantonalbank, and the ETH Foundation. This strong financial support demonstrates their continued confidence in the company’s vision and strategic direction.

RECOMMENDED FOR YOU

recomd
Belgium
[Funding alert] Brussels-based Syndicate One Secures €4.8 Million of it’s Debut Fund
Startup Rise EU
Jan 10, 2024
recomd
Funding
Avaneidi funding news – Italy-based Avaneidi Raises €8Million in Series A Round Funding
Startup Rise EU
Jun 20, 2024
recomd
Funding
Leasi funding news – Contech Startup Leasi Secures €1.1 Million in Pre-Seed Funding
Startup Rise EU
Jul 1, 2024

Michael Hagander, co-CEO of Microcaps, said, "We are thrilled to have secured this funding, which will allow us to expand our production capacity significantly. The rising demand for our Perfume Pearls highlights the market’s recognition of our patented technology and its potential to impact the fine fragrance industry. This investment is a testament to the strong support from our shareholders and their belief in our mission to innovate and lead in the microencapsulation sector."

The fund will be used to enhance Microcaps‘ production facilities as well as continued development effort for applications beyond fine fragrance. By increasing manufacturing capabilities, It aims to ensure timely delivery of its ethanol free Perfume Pearls to meet the surging demand from the fragrance market.

This expansion will also support ongoing research and development efforts, beyond cosmetics and fine fragrance applications, ensuring the company remains at the forefront of microencapsulation technology.

About Microcaps

Founded in 2019, Microcaps is a pioneering company specializing in advanced microencapsulation solutions. Its innovative technology encapsulates active ingredients within microscopic capsules, ensuring precise control over release rates and enhancing product performance.

It‘s flagship product, Perfume Pearls, has set a new standard for alcohol-free perfumes, offering unparalleled scent longevity and intensity. The company’s cutting-edge solutions cater to a wide range of industries, including pharmaceuticals, cosmetics, and food technology.

Recommended Stories for You

story
Funding

BIOPHTA funding news – Biotech Startup BIOPHTA Secures €6.5 Million in Seed Funding

Startup Rise EU Jun 3, 2024

story
Funding

[Funding alert] Norway-based Medical Device Company CardioMech Secures $13M in Funding

Startup Rise EU Jan 3, 2024

story
Denmark

[Funding alert] Copenhagen-based Fintech Startup Dealflow Raises $700k in Pre-Seed Funding

Startup Rise EU Oct 20, 2023

story
Funding

ARX Robotics funding news – Munich-based ARX Robotics Secures €9 Million in Seed Funding

Startup Rise EU Jun 10, 2024

story
Funding

[Funding alert] Stockholm-based Gilion Raises €10 Million in Equity Funding

Startup Rise EU Apr 11, 2024

story
Funding

Isar Aerospace Funding News – Isar Aerospace Raises €65M Series C Funding

Team SR Jun 21, 2024