Bio-based products: bmh invests another 5 million euros in BRAIN Biotech
Wiesbaden / Zwingenberg — BRAIN Biotech AG, a company specializing in bio-based products and solutions such as enzymes and proteins as well as biotechnological solutions for more sustainable industrial processes, is receiving a further injection of capital: Beteiligungs-Managementgesellschaft Hessen mbH (“bmh”) — which has already participated in several financing rounds for the company since 1996 — is now providing a further EUR 5 million in capital. BRAIN intends to continue investing in research and development work as well as in laboratory and production facilities.
BRAIN Biotech AG (“BRAIN”) was founded in 1993 in Zwingenberg, Hesse, and was one of the pioneers in the field of industrial biotechnology. Today, it is one of the leading European companies in the field of enzyme technology, among others. Since its foundation, the company has developed from a service provider specializing in research and development to a group of companies with an extensive scientific services and product business for the B2B market. BRAIN focuses on the areas of nutrition, health and the environment. The activities of the BRAIN Group, with a total of 330 employees, 120 of whom are based in Zwingenberg, are divided into three divisions: The BioIndustrial division focuses on the product business, while the BioScience division comprises the research and development business on behalf of customers. In the BioIncubator segment, the company carries out its own R&D projects or those initiated with partners with high commercial potential.
Specifically, bio-based products in the area of nutrition, for example, involve alternative protein and food sources based on microorganisms or cell cultures. In the healthcare sector, BRAIN develops pharmaceutically active ingredients for the treatment of chronic wounds and rare diseases, among other things. BRAIN now covers the entire value chain for specialty enzymes — from development to fermentation and production on an industrial scale.
With the financing round that has now been concluded, the company intends to further expand its research and development activities. At the same time, BRAIN Biotech is planning investments in laboratory and research facilities at the Zwingenberg site.
Michael Schneiders, CFO BRAIN Biotech AGsays: “We are delighted with bmh’s continued confidence in our business model and greatly appreciate the trusting and long-standing cooperation. We intend to use the funds from the current financing round to make further future-oriented investments at our headquarters in Hesse and thus further expand our leading position in the market.”
Helge Haase, responsible Investment Manager of bmhexplains: “We are convinced of the potential of BRAIN Biotech AG, and have been for over 25 years. We look forward to supporting the company’s transformation from a successful research company to a fast-growing manufacturing company and to continuing to accompany BRAIN Biotech AG on its growth path.”
About the bmh
bmh Beteiligungs-Managementgesellschaft Hessen mbH, based in Wiesbaden, was founded in 2001 and is a wholly owned subsidiary of Landesbank Hessen-Thüringen Girozentrale (Helaba). Through the Wirtschafts- und Infrastrukturbank Hessen (WIBank), bmh is actively involved in the economic development of the state of Hesse. As a medium-sized investment and venture capital company, bmh bundles public investment interests and financing instruments for early-stage, growth and medium-sized companies in Hesse. bmh currently manages six investment funds with a total investment volume of around 125 million euros. Since its foundation, bmh has invested in a total of more than 500 companies. The main areas of investment include the software & IT, life sciences, mechanical and plant engineering, industrial goods, professional services and e‑commerce sectors. More information about bmh and its funds: www.bmh-hessen.de