Comet Bio
Award-winning food ingredients company
London, Canada · Founded 2009 · $27.0M raised
- Headquarters
- London
- Employees
- 11–50
- Founded
- 2009
- Business Model
- B2B
- Website
- comet-bio.com
- Total Funding
- $27.0M
- Last Round
- $22.0M Series CJul 2021
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Comet Bio upcycles agricultural crop residues — primarily wheat straw — into Arrabina®, a proprietary line of arabinoxylan prebiotic dietary fiber ingredients for food, beverage, and supplement brands. The company uses patented biorefinery technology to extract high-quality soluble fiber from materials otherwise discarded in food production. Comet operates facilities in London, Ontario and Schaumburg, Illinois, with manufacturing partnership in Denmark.
Summary
Comet Bio is a Biotech company based in London, Canada, founded in 2009. It has raised $27.0M in total across 4 rounds, most recently a $22.0M Series C round in Jul 2021. Investors include Sofinnova Partners, Open Prairie and Louis Dreyfus Company.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Jul 2021
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Funding: Seed through Series C. Amounts, valuations, and investors where available.
Investors
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