Caixa Capital Risc et al. invest in Pevesa Biotech

Co-funding was provided by current Pevesa shareholders Suanfarma Biotech and Milar Ventures. Caixa invested through Caixa Innvierte Industria, an industrial technology fund containing €23m.

The fresh funding will enable the company to expand its production facilities and sales network.

Company
Founded in 1996 and based in Seville, Pevesa Biotech is a biotechnology firm that focuses on plant proteins, with applications in organic farming and food.

Pevesa has 17 members of staff and a €2.3m turnover, which it intends to triple in the next four years.

People
Carlos Trenchs is a director at Caixa.

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• Topics
• Southern Europe
• Expansion
• Industrials
• Spain
• Caixa Capital Risc