Microcaps' Funding Boost Propels Expansion of Perfume Pearls Production
June 6, 2024, 9:33 am
Location: Switzerland, Zurich, Schlieren
Employees: 11-50
Founded date: 2019
Total raised: $16.05M
Microcaps, a trailblazing company in microencapsulation technology, recently secured a substantial CHF 9.3 million in Series A funding. This financial injection marks a significant milestone for the company as it gears up to meet the escalating demand for its revolutionary ethanol-free fine fragrance product, Perfume Pearls. The funding round attracted new private investors, bolstering the company's support network alongside existing shareholders like Helvetica Capital, Zürcher Kantonalbank, and the ETH Foundation.
Founded in 2019, Microcaps has been at the forefront of developing cutting-edge microencapsulation solutions. Their patented technology encapsulates active ingredients within microscopic capsules, allowing for precise control over release rates and enhancing product performance. Perfume Pearls, their flagship product, has redefined alcohol-free perfumes by offering unmatched scent longevity and intensity.
The CHF 9.3 million raised will be channeled towards expanding Microcaps' production facilities and advancing research and development efforts for applications beyond fine fragrance. By ramping up manufacturing capabilities, Microcaps aims to ensure timely delivery of Perfume Pearls to meet the surging market demand. This expansion will also support ongoing innovation, positioning the company as a leader in microencapsulation technology across various industries.
Co-CEO and Co-Founder of Microcaps, Alessandro Ofner, expressed his excitement about the funding round, highlighting the company's commitment to innovation and leadership in the microencapsulation sector. With a strong backing from investors and a clear strategic direction, Microcaps is poised for continued growth and success in the evolving fragrance market.
As Microcaps embarks on this new chapter of expansion and development, the company's dedication to excellence and groundbreaking technology sets it apart as a key player in the realm of microencapsulation. Perfume Pearls, with its unique formulation and captivating fragrance experience, stands as a testament to Microcaps' commitment to pushing boundaries and redefining industry standards.
Founded in 2019, Microcaps has been at the forefront of developing cutting-edge microencapsulation solutions. Their patented technology encapsulates active ingredients within microscopic capsules, allowing for precise control over release rates and enhancing product performance. Perfume Pearls, their flagship product, has redefined alcohol-free perfumes by offering unmatched scent longevity and intensity.
The CHF 9.3 million raised will be channeled towards expanding Microcaps' production facilities and advancing research and development efforts for applications beyond fine fragrance. By ramping up manufacturing capabilities, Microcaps aims to ensure timely delivery of Perfume Pearls to meet the surging market demand. This expansion will also support ongoing innovation, positioning the company as a leader in microencapsulation technology across various industries.
Co-CEO and Co-Founder of Microcaps, Alessandro Ofner, expressed his excitement about the funding round, highlighting the company's commitment to innovation and leadership in the microencapsulation sector. With a strong backing from investors and a clear strategic direction, Microcaps is poised for continued growth and success in the evolving fragrance market.
As Microcaps embarks on this new chapter of expansion and development, the company's dedication to excellence and groundbreaking technology sets it apart as a key player in the realm of microencapsulation. Perfume Pearls, with its unique formulation and captivating fragrance experience, stands as a testament to Microcaps' commitment to pushing boundaries and redefining industry standards.