Spore.Bio Secures $23M Series A to Revolutionize Microbiology Testing
Deal News | Feb 20, 2025 | Localglobe
Spore.Bio, a pioneering company in microbiology testing, has raised $23 million in a Series A funding round led by Localglobe. Known for its light-powered microbiology testing, the company is revolutionizing safety across various industries by delivering rapid results that can save lives. Their partnership with the Pasteur Institute and acquisition of a local competitor enhance Spore.Bio’s credibility and reach. The company is already set to introduce their groundbreaking technology in over 200 factories. The funding will help them further their mission to improve food safety and public health. The team at Spore.Bio, including founders Amine Raji, Maxime Mistretta, and Mohamed Tazi, are set to make a significant impact, underlined by their partnerships with influential entities within the industry. The addition of Raffi, Maud, and team Singular stands testament to the collective ambition to make strides in microbiology, benefiting Europe and the global community, particularly in France, known for its leading microbiology expertise.
Sectors
- Biotechnology
- Food Safety
- Venture Capital
Geography
- France – The article mentions the impact on the microbiology community in France and a partnership with the Pasteur Institute, a world leader based in France.
- Europe – The article highlights the significant impact of Spore.Bio's technology across Europe.
- Global – Spore.Bio's mission is to impact food safety and public health globally.
Industry
- Biotechnology – Spore.Bio operates within the biotechnology sector, focusing on innovative microbiology testing methods.
- Food Safety – The company aims to improve food safety with its rapid microbiology testing technology.
- Venture Capital – The article involves a venture capital investment from Localglobe to fund Spore.Bio's growth.
Financials
- $23,000,000 – Series A funding received by Spore.Bio from Localglobe.
Participants
Name | Role | Type | Description |
---|---|---|---|
Spore.Bio | Target company receiving investment | Company | A company specializing in innovative microbiology testing technology. |
Localglobe | Investor providing Series A funding | Company | A venture capital firm investing in early-stage companies. |
Pasteur Institute | Partner with Spore.Bio | Company | A world leader in microbiology research. |
Amine Raji | Co-Founder of Spore.Bio | Person | Co-Founder guiding Spore.Bio's strategic direction. |
Maxime Mistretta | Co-Founder of Spore.Bio | Person | Co-Founder guiding Spore.Bio's strategic direction. |
Mohamed Tazi | Co-Founder of Spore.Bio | Person | Co-Founder guiding Spore.Bio's strategic direction. |
Raffi | Partner from Singular | Person | Joining the journey with Spore.Bio's advancements. |
Maud | Partner from Singular | Person | Joining the journey with Spore.Bio's advancements. |
Singular | Partner | Company | Joining Spore.Bio's initiative to advance microbiology testing. |