Latest round

Series A

Last raised

Aug 2026

Total raised

$21M

Investors

6

About BIOWEG

Based in Germany, and Co-founded in 2019 as Cellulosic Technologies (now BIOWEG) by (CEO) Dr. Prateek Mahalwar and (COO) Srinivas Karuturi , BIOWEG GmbH develops bio-based ingredients and biotechnology solutions for the food, beverage, nutraceutical, personal care, and cosmetics industries. BIOWEG develops bio-based ingredients for the food, beverage, nutraceutical, personal care, and cosmetics industries. Its product portfolio includes microbial cellulose-based ingredients used as rheology modifiers, stabilizers, texturizers, and functional ingredients, developed through biotechnology, material science, and molecular simulation technologies. The company revenue is generated through the development, manufacture, and sale of bio-based ingredients for food, beverage, nutraceutical, personal care, and cosmetics companies. Revenue is derived from supplying microbial cellulose-based ingredients and related biotechnology solutions to commercial customers.

Who invested in BIOWEG

6 investors across 2 rounds

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Funding rounds

  1. Series A

    Aug 31, 2026

    Amount

    $2.3M

    Investors

    Locked

  2. Series A

    Jul 22, 2025

    Amount

    $19M

    Investors

    Locked

Questions about BIOWEG

Who invested in BIOWEG?

BIOWEG has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has BIOWEG raised?

BIOWEG has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did BIOWEG last raise money?

BIOWEG's most recent round on record is a Series A, in Aug 2026.

What does BIOWEG do?

Based in Germany, and Co-founded in 2019 as Cellulosic Technologies (now BIOWEG) by (CEO) Dr.

Where is BIOWEG headquartered?

BIOWEG is headquartered in Germany.

Which VCs invest in companies like BIOWEG?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back biotechnology companies at BIOWEG's stage. Their profiles are linked below.

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