What is Microphyt?
Microphyt is at the forefront of developing innovative natural solutions derived from microalgae, targeting enhancements in nutrition and overall well-being. The company leverages advanced beauty and novel nutrition product development, utilizing exclusive biomimetic technology and synergistic bio-complexes. Their commitment to a sustainable, blue future is evident in their focus on reconnecting with nature and harnessing the diverse potential of microalgae. Microphyt caters to a market increasingly seeking eco-friendly and scientifically-backed ingredients.
How much funding has Microphyt raised?
Microphyt has raised a total of $32M across 1 funding round:
Unspecified
$32M
Unspecified (2019): $32M with participation from Irdi Soridec, Demeter Partners, Sofinnova Partners, Supernova Invest, and BPI France
Key Investors in Microphyt
Demeter Partners
Demeter Sustainable Investment is a prominent European venture capital firm focused on energy and ecological transition, providing funding from 1 to 30 million euros to innovative companies at various development stages.
Sofinnova Partners
Sofinnova Partners is a leading European venture capital firm in life sciences, specializing in healthcare and sustainability, actively partnering with entrepreneurs to develop transformative innovations.
Supernova Invest
Supernova Invest provides expertise and patient capital to deeptech leaders in Industrial Technologies, Digital, Healthcare, and Cleantech, supporting high-growth start-ups with a focus on ESG principles.
What's next for Microphyt?
The substantial enterprise-level funding and recent strategic investment indicate Microphyt's strong growth trajectory and market potential. This capital infusion is expected to fuel further research and development into novel microalgae applications, potentially expanding their product lines in beauty and nutrition. The company's focus on sustainability and natural solutions positions it well to capitalize on growing consumer demand for eco-conscious products, suggesting a future focused on scaling operations and solidifying its market leadership in the bio-based ingredients sector.
See full Microphyt company page
