Chromologics

Investment area

Seed Investments

Bioindustrial Investments

Region

Europe

Date of investment

juni 2020

Chromologics is a biotech spin-out from the Technical University of Denmark. The company has have developed a fungal biotech platform for production of natural colorants that are suitable for lab-grown food colorants. The production process is sustainable, scalable and cost-competitive. Unlike other existing natural colors, the colorants are not extracted from high value raw materials like fruit and vegetables but produced in a cell factory.

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Contact

Thomas Grotkjær

Partner

Department: Bioindustrial Investments

Thomas joined Novo Holdings in 2017 and is Partner in the Bioindustrial Investments team where he also oversees the Nordic early-stage activities.

Prior to joining Novo Holdings, Thomas worked in business development at Novozymes where he introduced advanced yeast technology to the biofuel industry and built a portfolio of biochemical projects. Earlier in this career, he was part of the venture capital backed start-up company Fluxome Sciences. He also held positions in biotechnology research and process engineering at Toftejorg (now Alfa Laval) and the Carlsberg Breweries.

Thomas holds a PhD in Metabolic Engineering and a MSc in Chemical Engineering from the Technical University of Denmark as well as graduate diplomas in Business Administration (Marketing Management and Finance) from Copenhagen Business School.