Tech Company Financing Transactions
Infinite Roots Funding Round
Dr. Hans Riegel Holding, Betagro and EIC Ventures joined a $58 million Series B funding round for Infinite Roots. The financing closed on 1/26/2024.
Transaction Overview
Company Name
Announced On
1/26/2024
Transaction Type
Venture Equity
Amount
$58,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to move into a new era of commercial growth, expanding its production capacities and investing in launch activities worldwide.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
Humboldtstraße 59
Hamburg, 22083
Germany
Hamburg, 22083
Germany
Phone
Website
Email Address
Overview
Infinite Roots® (formerly Mushlabs) is a biotech company from Hamburg, Germany. We tackle one of the world's biggest challenges with a single, microscopic solution: Mycelium. Our team comprises more than 60 individuals from 25 diverse nationalities, with 55% of them being female and 10 holding PhDs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mazen Rizk
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