# Alternative Plants

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alternative-plants

- Industry: Biotechnology
- Headquarters: Riga, Latvia
- Website: www.alternativeplants.eu
- Total disclosed funding: $0.5M
- Latest round: Seed (May 16, 2022)
- Investors on record: 3

## About

Based in Riga, Latvia, and founded in 2015 by its CEO Anna Ramata-Stunda, and CTO Martins Boroduskis, Alternative Plants Ltd. operates as a biotechnology company specializing in the development of bioactive ingredients sourced from medicinal plants. In May 2022, Alternative Plants raised EUR 0.50 million in seed funding from SOSV, Givaldi and Buildit Accelerator. 

Alternative Plants Ltd. specializes in bioactive ingredients such as silvacell is a blend of juniper stem cells infused with potent antimicrobial compounds from lichens; and JuniCell resulting in anti-aging and skin-protecting properties. Additionally, the company offers septocone, and dragoncell derived from the stem cells of Northern Dragonhead, and provides high antioxidative and skin-regenerating activity.

## Funding rounds

- Seed, May 16, 2022, $0.5M — SOSV, Buildit Accelerator, Givaldi

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Buildit Accelerator (https://capitalatlas.ai/funds/buildit-accelerator) — Seed
- Givaldi — Seed
