PS Biotech GmbH, an Aachen, Germany-based bioprocess technology company, raised a Series A funding round of undisclosed amount.
The company intends to use the funds to accelerate growth and expand its product portfolio.
Founded in 2013 by Kristina Bruellhoff and Sebastian Selzer as a spin-off of RWTH Aachen and the DWI Leibniz Institute for Interactive Materials, PS Biotech is a bioprocess technology company that develops, produces and markets polymer-based nutrient release systems for the fed-batch feeding of micro-organisms using microtiter plates (Feed Plate®). The product portfolio features a wide range of nutrient/ plate combinations, with additional nutrients other than glucose now available. Furthermore, the company also offers custom solutions tailor-made to the needs of its customers.
In the spring of 2013, PS Biotech received seed funding from High-Tech Gründerfonds.