BioActor develops proprietary health ingredients for use in functional foods, medical nutrition, and dietary supplements.
Business Model:
Revenue: $10M
Employees: 51-200
Address:
City: Maastricht
State: Limburg
Zip:
Country: The Netherlands
BioActor develops proprietary health ingredients for use in functional foods, medical nutrition and dietary supplements. All these ingredients address chronic health concerns, such as diabetes,osteoporosis, cardiovascular disease, that would benefit from preventative measures through the diet. BioActor&s;s product development strategy relies on three simple tenets: a new health ingredient must be based on a patentable scientific discovery; it must be food grade from a natural and renewable source; and its health effect must be clinically proven. BioActor&s;s first product, BONOLIVE, a first in class bone health ingredient that is clinically proven to stimulate bone producing cells, is a great example of this strategy and will be launched in the USA this year. BioActor successfully implemented its product development strategy by establishing alliances with top nutrition research institutes (e.g. INRA, CSIC, Maastricht University, UCL, Ghent University) and by establishing production partnerships with industrial players to shorten the path to market.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 7/2011 | Series A | $0 |
Hans van der Saag ICOS Capital Management Limburg Ventures Nedermaas Hightech Ventures Hans van der Saag ICOS Capital Management Limburg Ventures Nedermaas Hightech Ventures |
7/2011 | Series A | 4 | $2.9M |
Hans van der Saag ICOS Capital Management Limburg Ventures Nedermaas Hightech Ventures Hans van der Saag ICOS Capital Management Limburg Ventures Nedermaas Hightech Ventures |
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