SPAIN - Innova 31-backed Infinitec opens new round of financing

The Barcelona-based company was founded in 2004 and specialises in biotechnology, peptides in particular, used in the cosmetics industry. Among its clients are Estée Lauder, Swiss company La Prairie and Italian multinational Intercos. 45% of its capital is retained by Innova 31 and Barcelona Emprendè with the remainng stake held by the original founders and some minority shareholders.

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• Topics
• Expansion
• Southern Europe