Startup · Germany

BIOWEG

HQ Quakenbrück, GermanyFounded 201911-50 employeesUpdated Oct 18, 2026

Bioweg uses microbes and green chemistry to develop bio-based ingredients, including alternatives to microplastics in personal care and petroleum-based agricultural coatings.

Funding7 rounds · ~$33.3M

Equity raised: ~$33.3M
Debt, secondaries & grants: ~$16.4M
Latest: ~$11.9MGrant · Sep 10, 2026

Cumulative raised$33.3M

Aug 3, 2020Sep 10, 2026

Funding rounds
Announced	Stage	Amount	Valuation	Lead investors	Other investors	Confidence
Sep 10, 2026	Grant	~$11.9M	—	European Union (ERDF/JTF via NRW)	—	Reported
Sep 10, 2026	Series A	~$2.3M	—	Rabo Ventures	—	Reported
Dec 22, 2025	Grant	~$1.8M	—	SPRIND (Federal Agency for Breakthrough Innovation)	—	Reported
Sep 16, 2025	Series A	~$18.8M	—	Axeleo Capital	BonVenture, European Innovation Council Fund, NBank Capital	Reported
Jan 6, 2022	Undisclosed	~$11.4M	—	—	—	Reported
Dec 15, 2021	Grant	~$2.7M	—	—	—	Reported
Aug 3, 2020	Pre-Seed	~$769K	—	—	—	Reported

Grant
Led by European Union (ERDF/JTF via NRW)
~$11.9M
Sep 10, 2026
Series A
Led by Rabo Ventures
~$2.3M
Sep 10, 2026
Grant
Led by SPRIND (Federal Agency for Breakthrough Innovation)
~$1.8M
Dec 22, 2025
Series A
Led by Axeleo Capital
With BonVenture, European Innovation Council Fund, NBank Capital
~$18.8M
Sep 16, 2025
Undisclosed
~$11.4M
Jan 6, 2022
Grant
~$2.7M
Dec 15, 2021
Pre-Seed
~$769K
Aug 3, 2020

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

People2

All 2 people →

People
Person	Role
Prateek Mahalwar · LinkedIn ↗	CEO & Founder
Srinivas Karuturi · LinkedIn ↗	Founder and COO

Sources9

Profile3

1
Companyfirst page - Bioweg first page - Bioweg
BIOWEG · Supports Organization · description, Organization · linkedin url, Organization · name, Organization · website
“Revolutionizing The Future Of Bio-Ingredients With The Power Of Microbes & Green Chemistry Learn More COSMETICS & PERSONAL CARE Replacing microplastic and non-degradable polymers AGRICULTURE Replacing petroleum and acrylic based coatings Learn More FOOD & BEVERAGES Nutritious and”
2
DatabaseBIOWEG - PitchBook company profile
PitchBook · Supports Organization · employee range, Organization · founded year, Organization · x url
“employee_range: 11-50 (profile: 38)”
3
DatabaseSixth-Domain public startups directory
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Germany", "hq_iso2": "DE", "id": "5dce8082-8db1-414e-811c-793cc72e497f"}”

Funding5

4
NewsGerman BioTech startup BIOWEG raises €1.5 million to turn industrial waste into valuable metals
EU-Startups · Dec 22, 2025 · Supports Funding round · amount
“has secured €1.5 million to support the development of its waste-to-value platform”
5
NewsBIOWEG secures €16M to scale biodegradable alternatives to microplastics
Tech.eu · Sep 16, 2025 · Supports Funding round, Funding round · amount
“The round was led by Axeleo Capital - Green Tech Industry Fund”
6
NewsBIOWEG to Build Europe's Largest Bacterial Cellulose Plant, Backed by €35 Million
iGrow News · Supports Funding round · amount, Organization · ownership
“That includes €2 million in equity from new investor Rabo Ventures, extending the Series A to €18 million”
7
NewsHEUKING advises BIOWEG on its Extension of Series A Financing Round to 30 million Euro
Heuking · Supports Funding round
“10.3 million Euro in EU funding”
8
DatabaseBIOWEG - LinkedIn company profile
LinkedIn · Supports Funding round, Organization · employee range, Organization · founded year, Organization · hq city, Organization · hq region
“funding round: Grant, 2021-12-15, EUR 2,421,314, lead: European Innovation Council”

People1

9
DatabaseBIOWEG - Crunchbase company profile
Crunchbase · Supports Organization · employee range, Organization · hq city, Role
“employee_range: 11-50 (profile: 11-50)”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.