# Bioweg

**Source:** https://www.startuphub.ai/startups/bioweg
**Profile type:** Startup

> Bioweg creates biodegradable alternatives to microplastics from food industry waste.

## About

Bioweg is a German biotechnology company that uses precision fermentation and green chemistry to convert food industry byproducts into bacterial cellulose. This bio-based material serves as a sustainable alternative to fossil-based polymers and microplastics, with applications in cosmetics, personal care, agriculture, and food industries. The company aims to reduce environmental pollution and promote a circular economy.

## Key facts

- **Slug:** bioweg
- **Website:** https://www.bioweg.com/
- **Location:** Quakenbrück, Germany
- **Founded:** 2019-01-01
- **Employees:** 36
- **Operating status:** Active
- **Total funding:** $17M
- **Sectors / tags:** Biotech, Sustainable Materials, Circular Economy, Bacterial Cellulose, Microplastic Alternatives, Green Chemistry, Fermentation, Cosmetics Ingredients, Agrochemicals, Food Ingredients
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/bioweg
  - Twitter: https://twitter.com/bioweg_ug

## Frequently asked

### What does Bioweg do?

Bioweg is a German biotechnology company that uses precision fermentation and green chemistry to convert food industry byproducts into bacterial cellulose. This bio-based material serves as a sustainable alternative to fossil-based polymers and microplastics, with applications in cosmetics, personal care, agriculture, and food industries. The company aims to reduce environmental pollution and promote a circular economy.

### What is Bioweg's revenue?

StartupHub estimates Bioweg's annual revenue at $8.2M (range $5.7M to $18.2M, 65% confidence), based on comparable companies in the sector.

### What is Bioweg's valuation?

StartupHub estimates Bioweg's effective valuation at $70.8M (range $43.2M to $103.7M, 19% confidence), based on comparable companies in the sector.

### How much funding has Bioweg raised?

Bioweg has raised a total of $17M in funding.

### Where is Bioweg headquartered?

Bioweg is headquartered in Quakenbrück, Germany.

### When was Bioweg founded?

Bioweg was founded in 2019.

### What industry does Bioweg operate in?

Bioweg operates in Biotech, Sustainable Materials, Circular Economy, Bacterial Cellulose, Microplastic Alternatives, Green Chemistry.

### How many employees does Bioweg have?

Bioweg has approximately 36 people on record.

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