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Wagistrasse, Switzerland-based Microcaps AG, an innovator in superior microencapsulation expertise, introduced on Wednesday that it has secured CHF 9.3M (roughly €9.6M) in a Collection A spherical of funding.
This Collection A spherical noticed participation from new personal buyers, in addition to contributions from Microcaps‘ present shareholder base, together with Helvetica Capital AG, Zürcher Kantonalbank, and the ETH Basis.
The funding will improve the corporate‘s manufacturing amenities and proceed improvement efforts for purposes past perfume.
By rising manufacturing capabilities, the Swiss firm goals to make sure well timed supply of its ethanol-free Fragrance Pearls to satisfy the surging demand.
This enlargement may even assist ongoing analysis and improvement efforts, past cosmetics and wonderful perfume purposes, making certain the corporate stays on the forefront of microencapsulation expertise.
We’re thrilled to have secured this funding, which can enable us to broaden our manufacturing capability considerably. The rising demand for our Fragrance Pearls highlights the market’s recognition of our patented expertise and its potential to impression the wonderful perfume business.
This funding is a testomony to the sturdy assist from our shareholders and their perception in our mission to innovate and lead within the microencapsulation sector, says Michael Hagander, co-CEO of Microcaps.
Microcaps: Encapsulating components and fragrances
Based in 2019 by Dr. Alessandrop Ofner and Michael Haganderalessandro, Microcaps specialises in superior microencapsulation options.
The corporate is on a mission to revolutionise industries with novel encapsulation options.
Based from ETH Zurich’s Complicated Materials Group, the corporate has developed a expertise that permits the scalable manufacturing of exact microcapsules and microparticles based mostly on microfluidics.
The expertise encapsulates lively components inside microscopic capsules, making certain exact management over launch charges and enhancing product efficiency.
The corporate’s flagship product — Fragrance Pearls, affords unparalleled scent longevity and depth. The corporate’s options cater to a variety of industries, together with prescribed drugs, cosmetics, and meals expertise.
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