4Gene GmbH, a Heilbronn, Germany-based developer of activatable flavor and fragrance precursors for cosmetics, food and industrial fragrance warning systems, raised a 7-digit seed funding round.
Backers included High-Tech Gründerfonds (HTGF), VC Fonds BW, Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH and Goldmann International GmbH.
The company intends to use the funds to create the resources in laboratory, production and team to upscale products.
Founded at the Department for Biotechnology of Natural Products led by Prof. Dr. Wilfried Schwab at the Technical University Munich, 4Gene develops and produces natural, biotechnologically engineered, activatable flavor and fragrance precursors for cosmetics, food and industrial fragrance warning systems. The current product portfolio comprises 26 fragrances and flavoring glucosides. In addition, the company offers its customers and interested parties the development of customer-specific Aroma Glucosides as well as support in their application in product development.
Today, the company has 6 employees and operates from offices in Freising and Stuttgart in Germany.
FinSMEs
31/01/2019