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DIREVO Industrial Biotechnology GmbH Nattermannallee 1 50829 Köln, Germany https://www.biocampuscologne.de/
Contact Dr. Thomas von Rüden +49 221 8887121
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DIREVO Industrial Biotechnology GmbH

Direvo Raises Euro 12 Million (USD 16.8 Million) in Series C Financing

(PresseBox) (Cologne, )
DIREVO Biotech AG, a leading company for superior bioengineered products and processes for industrial and pharmaceutical applications, announced today the completion of a private Series C equity financing. Direvo raised EUR 12 million (USD 16.8 million). In addition, certain Series C investors acquired all common shares held by the company's founders, such as Evotec AG and former management.

Bankhaus Wölbern, Hamburg and TVM Capital, Munich jointly led this financing round. NRW.BANK, Düsseldorf/Münster, joined with its venture capital fonds as additional new investor in this round. All previous institutional investors such as Danisco Venture A/S, Copenhagen, S-Equity Partner, Cologne, Mulligan BioCapital,
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.