Investments
108Portfolio Exits
16Partners & Customers
2About DSM Venturing
Royal DSM is a global science-based company active in health, nutrition, and materials. By connecting its competences in Life Sciences and Materials Sciences, DSM is driving economic prosperity, environmental progress, and social advances to create sustainable value for all stakeholders. DSM delivers solutions that nourish, protect, and improve performance in global markets such as food and dietary supplements, personal care, feed, pharmaceuticals, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy, and bio-based materials.
DSM Venturing Headquarter Location
Het Overloon 1
Heerlen, 6411 TE,
Netherlands
Expert Collections containing DSM Venturing
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Latest DSM Venturing News
Jul 10, 2022
Phyloton , an Israeli startup that develops natural food colorants, has secured $14.5 million in Series A funding. The Series A funding round was led by DSM Venturing, the corporate venture arm of Royal DSM, a Dutch multinational corporation. New investors Cibus Fund and Ginkgo Bioworks also contributed to the funding round. These investors were supplemented by Phytolon’s existing shareholders, Arkin Holdings, Millennium Foodtech, Trendlines Group, Stern Tech, and OpenValley founder Yossi Ackerman in the funding round. Trendlines Agrifood Fund also took part in the fundraising efforts, offering foundry services as an ‘in-kind’ investment, according to AgFunder News . Phytolon was founded in 2018 by co-founders Halim Jubran and Tal Zeltzer, who both have backgrounds in biotechnology. The company’s technology, licensed from Israel’s Weizmann Institute of Science , provides an alternative to synthetic dyes commonly used in foods and beverages globally. Unique to other natural food-coloring products (which normally stem from fruits and vegetables), Phytolon’s products come from betalain pigments derived from yeast fermentation. Phytolon’s natural food-coloring technology produces a range of natural colors to be used in a range of foods, including dairy, frozen products, snacks, alternative meats, and baked goods. Phytolon is working to develop natural food-coloring products through yeast fermentation. The company plans to use the newly acquired funding to scale up its production and commercialization efforts, with a goal of market entry in 2023 (pending regulatory approval). Phytolon plans to bring its products, first, to US and European markets. Europe is home to the greatest demand for natural food-coloring products. The funding round comes during a period of growth for the global natural food colors industry. The industry, previously valued at $5 billion in 2020, is projected to be valued at $6.8 billion by 2025, AgFunder reports. The industry’s growth is driven by the global consumer desire for clean label products and increased consumer awareness. With artificial food dyes like Red40 posing potential health concerns and allergy threats, the need for natural food colorants is felt by markets worldwide. Phyloton is currently exploring market entry options. Subscribe to NoCamels weekly newsletter and get our top stories
DSM Venturing Investments
108 Investments
DSM Venturing has made 108 investments. Their latest investment was in Phytolon as part of their Series A on July 7, 2022.
DSM Venturing Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
7/6/2022 | Series A | Phytolon | $14.5M | Yes | 3 | |
6/22/2022 | Series A | Chinova Bioworks | $6M | No | 1 | |
5/25/2022 | Series A - II | inne | $10M | Yes | 3 | |
3/23/2022 | Seed VC | |||||
10/29/2021 | Series B - II |
Date | 7/6/2022 | 6/22/2022 | 5/25/2022 | 3/23/2022 | 10/29/2021 |
---|---|---|---|---|---|
Round | Series A | Series A | Series A - II | Seed VC | Series B - II |
Company | Phytolon | Chinova Bioworks | inne | ||
Amount | $14.5M | $6M | $10M | ||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 3 | 1 | 3 |
DSM Venturing Portfolio Exits
16 Portfolio Exits
DSM Venturing has 16 portfolio exits. Their latest portfolio exit was Voxel8 on August 10, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
8/10/2021 | Acquired | 2 | |||
7/28/2021 | Acquired | 5 | |||
6/16/2021 | IPO | Public | 2 | ||
Date | 8/10/2021 | 7/28/2021 | 6/16/2021 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 2 | 5 | 2 |
DSM Venturing Acquisitions
2 Acquisitions
DSM Venturing acquired 2 companies. Their latest acquisition was Qolpac on January 01, 2009.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
1/1/2009 | Acquired | 1 | ||||
12/19/2000 | Grant |
Date | 1/1/2009 | 12/19/2000 |
---|---|---|
Investment Stage | Grant | |
Companies | ||
Valuation | ||
Total Funding | ||
Note | Acquired | |
Sources | 1 |
DSM Venturing Partners & Customers
2 Partners and customers
DSM Venturing has 2 strategic partners and customers. DSM Venturing recently partnered with IMCD on April 4, 2015.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
4/8/2015 | Partner | Netherlands | IMCD Spain enters partnership with DSM for its range of coating resins IMCD Spain enters partnership with DSM for its range of coating resins . | 1 | |
Partner |
Date | 4/8/2015 | |
---|---|---|
Type | Partner | Partner |
Business Partner | ||
Country | Netherlands | |
News Snippet | IMCD Spain enters partnership with DSM for its range of coating resins IMCD Spain enters partnership with DSM for its range of coating resins . | |
Sources | 1 |
DSM Venturing Team
5 Team Members
DSM Venturing has 5 team members, including current Chief Financial Officer, Philip Mertens.
Name | Work History | Title | Status |
---|---|---|---|
Philip Mertens | Chief Financial Officer | Current | |
Marcel Lubben | Managing Director | Current | |
Pieter Wolters | Managing Director | Current | |
Rolf-Dieter Schwalb | Chief Financial Officer | Former | |
Marc Schueler | Managing Director | Former |
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