Sundew

BiotechnologySeedCopenhagen, Denmarksundew.bio

Latest round

Seed

Last raised

Feb 2022

Total raised

Undisclosed

Investors

3

About Sundew

Founded in 2018, Sundew ApS is dedicated to providing biological products for aquatic ecosystems. The company was initiated by founders Andy Gardiner, Neil Goldsmith, and Olof Blomqvist, under the leadership of CEO Giovanni Salerno.Sundew ApS specializes in the development and sale of biological products aimed at addressing significant challenges in aquatic ecosystems. The company’s core product offerings include Biokos®, an innovative marine natural active designed to control various aquatic fish parasites. Biokos® is characterized by its ease of use, specificity in targeting organisms, and rapid degradation into environmentally safe components. Additionally, Sundew focuses on creating high-performance microalgal delivery systems for RNA and antigens, which are crucial for advancing aquaculture health and sustainability. These products are primarily targeted toward fish breeders and producers who require effective and environmentally benign solutions for managing parasite issues.Sundew generates revenue through direct sales of its biological products, with a focus on flagship offerings such as Biokos®. The company employs a business-to-business (B2B) sales model, partnering with distributors and retailers to reach end users in the aquaculture sector. Clients typically engage in transactions that involve purchasing Biokos® in various dosage forms tailored to their operational needs. Sundew structures its pricing based on the dosage and application requirements of its products, ensuring flexibility and competitiveness in the market. Future initiatives include the development of new products designed for specific aquatic applications and expansion into new geographic regions, targeting additional markets in Europe and North America by the end of 2025.

Who invested in Sundew

3 investors across 2 rounds

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Funding rounds

  1. Seed

    Feb 6, 2022

    Amount

    Undisclosed

    Investors

    Locked

  2. Seed

    Nov 18, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about Sundew

Who invested in Sundew?

Sundew has 3 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 Sundew raised?

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

When did Sundew last raise money?

Sundew's most recent round on record is a Seed, in Feb 2022.

What does Sundew do?

Founded in 2018, Sundew ApS is dedicated to providing biological products for aquatic ecosystems.

Where is Sundew headquartered?

Sundew is headquartered in Copenhagen, Denmark.

Which VCs invest in companies like Sundew?

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

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