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Cocoon Bioscience

Cocoon Bioscience produces recombinant proteins and enzymes for individual protein, nutrition, and healthcare applications.
2021
Nov-50
11-50
Madrid, Madrid, Spain

Innovation

Industry Problem

Alternative-protein and life-science manufacturers need affordable, scalable specialty proteins such as growth factors and enzymes, which are often expensive to produce conventionally.

R&D Focus

Recombinant proteins produced with insect pupae as bioreactors.

Innovative Solution

Uses insect pupae and a baculovirus-based expression platform to manufacture specialty enzymes, growth factors and other recombinant proteins.

Solution Effectiveness

The company states its Bilbao facility currently supports about 5 kg of recombinant protein output annually and has potential capacity above 20 kg per year.

Investment Funding

Last Funding Stage

Venture - Series Unknown

Total Funding Amount

18.24M

Last Funding Amount

2.15M

Last Funding Date

03-11-2023

Lead Investors

Columbus Venture Partners, BeAble Capital, Algenex, Sangha Capital, North South Ventures

Revenue

$10M to $50M

About

Cocoon Bioscience helps catalyze the expansion of bottlenecked industries like cultivated meat by manufacturing performance and growth factors and specialized enzymes for individual protein, nutrition, and healthcare applications.

Products

Product

Recombinant growth factors and specialty enzymes for cultivated protein and life-science applications.

Star Product

Insect-pupae recombinant-protein platform – designed to lower the cost and increase the scale of specialty-protein production.

Demo Product or Complete Product?

Commercial-scale facility opened in Bilbao in 2024; production and customer-supply scale-up stage.

Future Plan

Market Expansion

Scaling output at its Bilbao facility from current production toward more than 20 kg per year.

Investment Funding

Raised €15 million in Series A funding in March 2023, led by Columbus Venture Partners and Cleon Capital.

Awards and Recognitions

Certifications

The company states that its production strategy includes GMP-compliant manufacturing capability.

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