The Voskhod Foundation invested 400 million rubles in the Biomicrogels business group in Yekaterinburg. His stake in the company grew to almost 18.5%. This was reported by the fund on its Telegram channel.
Author:
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The funds will be used to more than double production capacity, expand distribution in the Russian, CIS and Southeast Asian markets, as well as develop the product line through new research and development.
Biomicrogels was born in 2012 as a technological startup in the field of clean technologies and green chemistry. The company operates both in the Russian and international markets, including the CIS countries, Malaysia, Indonesia and Thailand.
In the b2c segment, Biomicrogels develops and produces environmentally friendly household detergents and cosmetics under the Wonder Lab brand, and in the b2b segment, industrial reagents for water purification, hard surfaces and oil extraction.
In 2021, the company attracted 1 billion rubles of investment from Gregory Berenstein, the founder of the Zoom Capital fund. In 2022, the Voskhod investment fund joins the company, closing investment round A together with the international family-office.
Author:
Karina Pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
