NeoEarth
Latest round
- Seed
Last raised
- Feb 2024
Total raised
- $0.3M
Investors
- 3
About NeoEarth
Founded in 2022 by Said Ihammouine, and based in Libourne, France, NeoEarth is a production company offering microalgae strains for diverse industrial applications. NeoEarth specializes in the research and development of augmented microalgae strains, designed to enhance their production capabilities and specific characteristics such as concentration and pigmentation. The company's production system utilizes a patented method that enables a bulk supply of microalgae across various sectors, providing customers with a cost-effective and sustainable solution for CO2 capture and biomass production. NeoEarth's products are primarily targeted towards industries that seek sustainable alternatives to traditional resources, including agriculture, food and beverage, pharmaceuticals, and biofuels. The company plans to utilize the February 2024 funds to enhance its R&D efforts, and launch new microalgae products designed for specific industry needs by late 2024. Expansion plans include entering new geographic markets, particularly in Asia and North America, by 2025, where demand for sustainable alternatives is rapidly increasing.
Who invested in NeoEarth
3 investors across 1 round
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Funding rounds
Seed
Feb 20, 2024
Amount
$0.3M
Investors
Questions about NeoEarth
Who invested in NeoEarth?
NeoEarth has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has NeoEarth raised?
NeoEarth has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did NeoEarth last raise money?
NeoEarth's most recent round on record is a Seed, in Feb 2024.
What does NeoEarth do?
Founded in 2022 by Said Ihammouine, and based in Libourne, France, NeoEarth is a production company offering microalgae strains for diverse industrial applications.
Where is NeoEarth headquartered?
NeoEarth is headquartered in Libourne, France.
Which VCs invest in companies like NeoEarth?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back biotechnology companies at NeoEarth's stage. Their profiles are linked below.
VCs backing biotechnology startups at Seed
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