EvodiaBio has secured EUR 6 million in funding led by RA Capital to accelerate its growth and expand into Asian markets, leveraging its innovative sustainable aroma production technology.

Information on the Target

EvodiaBio is an innovative Danish industrial biotech firm specializing in sustainable aroma production through fermentation processes. Having transitioned from a research initiative to a profitable industrial operation, the company has garnered strong commercial traction, evidenced by more than 70 brews and various projects with top global breweries. With a focus on developing efficient and environmentally sustainable methods for producing volatile aroma molecules, EvodiaBio aims to replace traditional resources like hops—currently threatened by climate change—thereby reshaping the beer and broader beverage industry.

The company has raised EUR 6 million in its latest funding round, which will facilitate growth in existing markets across Europe, the USA, and Canada, while also paving the way for entry into the Asian market. This funding reflects EvodiaBio's commitment to scaling its operations and further developing its technology to meet rising global demand.

Industry Overview in Denmark

The beverage industry in Denmark is rapidly evolving, characterized by an increasing focus on sustainability and innovation. Consumer preferences are shifting towards natural and eco-friendly products, creating an opportunity for co