Cannabinoids and psychedelics are poised to become breakthrough therapies for a range of debilitating conditions. However, issues with the cost-effective and scalable production of these API's, as well as pharmacokinetic issues such as low solubility, bioavailability and stability limit their application. Octarine produces these complex molecules at scale with yeast fermentation, and further, uses proprietary enzymatic modification technology to produce novel derivatives with improved properties
Location: Denmark, Capital Region of Denmark, Frederiksberg Municipality
Employees: 11-50
Total raised: $7.85M
Founded date: 2018
Investors 3
| Date | Name | Website |
| - | MassChalle... | masschalle... |
| - | Enexis | enexis.se |
| - | DSM Ventur... | venturing.... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 10.11.2023 | - | $4.65M | - |
| 21.09.2022 | - | $2M | - |
| 11.03.2021 | Seed | $1.2M | - |
Mentions in press and media 11
| Date | Title | Description | Source |
| 10.11.2023 | Octarine Bio Raises €4.35M in Funding | Octarine Bio, a Copenhagen, Denmark-based synthetic biology platform company, raised €4.3M in fundin... | finsmes.co... |
| 10.11.2023 | Octarine Bio secures € 4.35 funding to propel their sustaina... | Image Courtesy : https://specialtyfabricsreview.com Danish synthetic biology startup, Octarine Bio ... | apparelres... |
| 09.11.2023 | The Week in AgriFoodTech: Talus Renewables nabs $22m for gre... | This week, Talus Renewables closed a funding round for its green ammonia system and vegetable waste ... | agfunderne... |
| 08.11.2023 | Octarine Bio raises €4.35M for sustainable dyeing tech | Octarine Bio, a Copenhagen-based biotech startup working on the development of new colours and susta... | tech.eu/20... |
| 21.09.2022 | Octarine Bio Closes €2M Funding | Octarine Bio, a Copenaghen, Denmark-based synthetic biology company, closed a €2M Pre-Series A fundi... | finsmes.co... |
| 20.09.2022 | Danish synthetic biology company Octarine Bio closes €2M fun... | COPENHAGEN (PRWEB) September 20, 2022 2M EUR was raised in this pre-series A, while the company is ... | prweb.com/... |
| 19.07.2021 | Octarine Bio announces the expansion of its Scientific Advis... | We are humbled that such highly-respected and world-renowned experts believe in our mission COPENHA... | prweb.com/... |
| 11.03.2021 | Octarine Bio announces closing of extended seed round financ... | COPENHAGEN, Denmark (PRWEB) March 11, 2021 Octarine Bio ApS (“Octarine” or “the company”), a synthe... | prweb.com/... |
| 02.06.2020 | MassChallenge Switzerland Announces 5th Cohort | June 2, 2020 (Renens, Switzerland) - MassChallenge Switzerland, part of MassChallenge’s global netwo... | masschalle... |
| 13.01.2020 | Octarine Bio IVS Raises Undisclosed Funding | Octarine Bio IVS, a Copenhagen, Denmark-based synthetic biology company, raised an undisclosed amoun... | finsmes.co... |
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