# microTERRA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/microterra

- Industry: Biotechnology
- Headquarters: Mexico City, Mexico
- Website: www.microterra.com.mx
- Latest round: Seed (Jan 19, 2021)
- Investors on record: 2

## About

Based in Mexico City, Mexico, microTERRA is a biotechnology company specializing in sustainable ingredient production from Lemna, a rapidly growing aquatic plant that purifies water.microTERRA focuses on developing sustainable ingredients from Lemna for the food and beverage industry. Founded in 2018 in Mexico City, Mexico, the company has successfully completed 6 deals to date. The co-founders, Fanny Villiers and Marissa Flores, have a background in creating innovative solutions in the biotech sector. The most recent funding round occurred on August 16, 2024, where the company raised USD 5.080 mn, bringing the total amount raised to USD 5.080 mn.microTERRA specializes in producing high-value, sustainable ingredients derived from Lemna, known for its rapid growth and water purification properties. They offer clean-label, functional ingredients that meet the rising demand for healthier, environmentally friendly alternatives in the food and beverage sector. Their products cater to formulators, brands, and innovators seeking solutions such as zero-sugar items, vegan proteins, and dairy alternatives, primarily serving clients in North America and Europe.microTERRA generates revenue through B2B partnerships in the food and beverage industry, providing tailored solutions and ingredients. Their contracts involve supplying Lemna-derived ingredients and potential long-term agreements focused on sustainability and product excellence. Pricing is adjusted based on client needs, supporting diverse requirements within various markets.Currently, microTERRA is strategizing the launch of new products tailored for the expanding market of sustainable food alternatives. They aim to enter additional geographic markets in North America and Europe by the end of 2025. The recent funding of USD 5 million will be utilized to support product development and market expansion initiatives.

## Funding rounds

- Seed, Jan 19, 2021 — SOSV, IndieBio

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- IndieBio (https://capitalatlas.ai/funds/indiebio) — Seed
