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Comet Bio
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Comet Bio

http://comet-bio.com/
Last activity: 22.04.2024
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Categories: BrandFoodTechHealthTechITMarketProductScienceSupplyTechnologyWaste
Our Arrabina™ Arabinoxylan Plant Fiber Extract has superior tolerability and functionality within the prebiotic market.
Followers
1.15K
Mentions
12
Location: Canada, Ontario, London
Total raised: $22M
Founded date: 2009

Investors 4

Funding Rounds 1

DateSeriesAmountInvestors
15.07.2021Series C$22M-

Mentions in press and media 12

DateTitleDescription
22.04.2024Upcycled ingredients provide meaningful sustainability impact for food and beverage industryAccording to a 2023 Innova Market Research study, 43% of consumers consider upcycled products more appealing than other products, up from 35% the previous year and aligning with consumers’ growing interest in sustainability. This coincides ...
05.04.2023Trendwatching at Future Food-Tech, part two: From upcycled prebiotic fibers to molecular farming 2.0In part two of our roundup of the Future Food-Tech summit in San Francisco, we highlight startups spanning a range of fields from molecular farming to upcycled prebiotic fibers from leftover parts of crops. Comet gears up to open dedicated ...
15.07.2021Comet Bio closes $22m Series C to ramp up production of upcycled sweeteners, and prebiotic arabinoxylan, the ‘Cadillac of fibers’"We will now be able to invest in a dedicated manufacturing facility to grow the supply of our upcycled ingredients​," said CEO Rich Troyer, who noted that there has been a surge of interest in prebiotic fibers over the past 12-18...
14.07.2021Venture capital exit activity hits a recordThis is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content How an operational overhaul led this company to success From RPM International If it...
14.07.2021Venture capital exit activity hits a recordIf it feels as if venture capitalists across the board are congratulating each other on the daily for an initial public offering or acquisition of a portfolio company, you’re not wrong. Paid Content How to ensure your marketers stay dynamic...
14.07.2021Comet Bio Raises $22M in Series C FundingComet Bio, a London, Ontario CA- and Schaumburg, Illinois-based food technology company, raised $22M in Series C funding. The round was led by Open Prairie with participation from Louis Dreyfus Company (LDC), BDC Capital, Sofinnova Partners...
13.07.2021Comet Bio Announces $22M Round of Equity Financing
10.03.2021‘The Cadillac of fibers…’ Upcycled ingredients startup Comet Bio gears up for commercial launch of arabinoxylan prebiotic fiber“Arabinoxylan​ is​ present in things like psyllium husks, but no one has been able to isolate it on a cost-effective basis as it’s attached to other things, which means you don’t get the specific benefits,” ​said Rich Troyer, CEO at Comet B...
24.02.2021Meet 18 Startups Transforming Food, From Fungi Protein To Cultured Breast Milk12 Mins Read As our food system continues to battle challenges brought on by climate change and the coronavirus pandemic, innovation in the food tech startup world has been racing to come up with disruptive solutions. The upcoming Future Fo...
17.07.2019Comet Bio Closes Equity FinancingComet Bio, a London, Ontario, Canada- and Schaumburg, Ill.-based manufacturer of sustainable ingredients, closed a round of equity financing of undisclosed amount. Backers included existing investors Sofinnova Partners and PM Equity Partner...
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