Alternative Plants Private
Alternative Plants is a biotech start-up that specializes in plant stem cell technology to produce active ingredients from rare medicinal plants. Our plant stem cell cultures allow for the effective, consistent, and sustainable production of these valuable substances. We focus on medicinal plants that are difficult to grow or are endangered, making our technology the only way to access their benefits. Currently, our main market is the cosmetic industry, where our plant stem cell derived active substances are used as key ingredients in various products. However, we also see potential for expansion into other markets such as functional foods, medical devices, and pharmaceuticals.
Technology:
Supplements and ingredients
Headquarters:
Riga, Riga, Latvia
Funding Status:
Seed
Founded Date:
2017-03-17
Last Funding Type:
Pre-Seed
Investors Number:
3
Last Funding Date:
2018-11-01
Estimated Revenue:
Less than $1M
Employee Number:
10
Total Funding:
$57 012
Industry:
Stem Cells (Regenerative Medicine)