# Subitec

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

- Industry: Renewable Energy
- Headquarters: Stuttgart, Germany
- Website: www.subitec.com
- Total disclosed funding: $6.5M
- Latest round: Series B (Jun 15, 2012)
- Investors on record: 4

## About

Subitec GmbH focuses on developing advanced microalgae production systems, delivering efficient and sustainable solutions tailored for industrial-scale cultivation across various sectors including food, pharmaceuticals, and cosmetics.Founded in 2000, Subitec GmbH is based in Stuttgart, Germany, specializing in microalgae production systems. The company has raised a total of EUR 4.5 mn in funding, with the most recent Series B round completed on June 15, 2012. This round was led by eCAPITAL and included significant participation from investors such as Fraunhofer Venture and High-Tech Gründerfonds. The company's CEO is Gregor Weber.Subitec specializes in advanced microalgae production systems, offering patented Flat-Panel Airlift (FPA) photobioreactors designed for optimal photosynthesis and carbon absorption, ensuring high biomass yield and product quality. Their products cater to various industries, including food supplements, pharmaceuticals, cosmetics, and animal feed, serving a diverse clientele comprising manufacturers and research institutions. Subitec also provides laboratory and pre-culture systems to facilitate algae strain development before scaling to industrial production.Subitec's revenue model is based on B2B transactions, primarily from direct sales of their microalgae production systems. Their revenue is supported by partnerships that include comprehensive operational support services, with key products like the CM180 cultivation module. Their pricing reflects the advanced technology and customization needed by clients in various sectors, ensuring a consistent revenue stream while addressing the growing demand for microalgae applications.Subitec plans to leverage the EUR 4.5 mn raised in the Series B funding round from June 2012 to enhance its product offerings and expand its market reach. The company is focused on developing new products tailored for specific industrial applications and aims to penetrate additional markets beyond its current geographical footprint. The funding will support these initiatives, enabling Subitec to capitalize on the increasing interest in sustainable microalgae solutions.

## Funding rounds

- Series B, Jun 15, 2012, $5.7M — KfW Banking Group, eCAPITAL, High-Tech Gruenderfonds, Fraunhofer Venture
- Series A, May 14, 2007, $0.8M — High-Tech Gruenderfonds

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Series A, Series B
- KfW Banking Group — Series B
- eCAPITAL (https://capitalatlas.ai/funds/ecapital) — Series B
- Fraunhofer Venture (https://capitalatlas.ai/funds/fraunhofer-venture) — Series B