Chromologics
A Danish biotech start-up responding to the strong market pull for novel natural food colorants, developing fungal fermentation solutions for the production of natural pigments.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
N/A | Grant | ||
| Total Funding | 000k | ||
| DKK | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 100 % | - | - | - | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Chromologics is a Copenhagen-based biotech company specializing in the production of natural colorants through precision fermentation. Founded in 2017 by Gerit Tolborg and Anders, the company is a spin-out from the Technical University of Denmark (DTU). Chromologics primarily serves food and beverage manufacturers, offering a sustainable and vegan alternative to synthetic colorants. The company's proprietary fermentation process allows it to produce high-performing, stable, and reliable colorants that meet the growing consumer demand for natural ingredients. Chromologics also extends its innovative solutions to the textile industry, helping fashion companies develop more sustainable dyeing processes. The business model revolves around B2B partnerships, providing tailored color solutions to manufacturers. Revenue is generated through the sale of these specialized colorants. After securing a series seed round of funding in April 2021, Chromologics expanded its team and R&D facilities, positioning itself as a first mover in the lab-grown food colorant market.
Keywords: biotech, natural colorants, precision fermentation, sustainable, vegan, food industry, textile industry, B2B, innovation, Denmark.