Pevesa Biotech, founded in 1996 and led by Iñaki Mielgo, is based in Seville, Spain and focuses on working with proteins to obtain isolates, hydrolysates, peptides and amino acids. The company develops custom-made products for the food, nutraceutical, fermentation, cosmetic and bio‑agriculture sectors. Pevesa reported a turnover of €2.3m and employs 17 people. It raised €1.6m in funding in the transaction reported. The company intends to use the funds to expand its production facility and its sales force. The business model centers on supplying protein-derived ingredients and bespoke formulations to industry clients.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2013