Direvo Biotech

Koln, Germany Founded: 2000 • Age: 26 yrs Acquired By Bayer
Sustainable sports betting facilities are developed using biomass technology.

About Direvo Biotech

Direvo Biotech is a company based in Koln (Germany) founded in 2000 was acquired by Bayer in September 2008.. Direvo Biotech has raised $35.4 million across 3 funding rounds from investors including NRW.Bank, The DuPont Nutrition and Health and TVM Capital Life Science. Direvo Biotech offers products and services including Sustainable Betting Services, Biomass Innovation Services, and Community Environment Services. Direvo Biotech operates in a competitive market with competitors including GSK, Avidity Biosciences, Sutro Biopharma, Antheia and Vividion Therapeutics, among others.

  • Headquarter Koln, Germany
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $35.4 M (USD)

    in 3 rounds

  • Latest Funding Round
    $8.1 M (USD), Series D

    Apr 15, 2010

  • Investors
    NRW.Bank

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    Bayer

    (Sep 16, 2008)

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Products & Services of Direvo Biotech

Direvo Biotech offers a comprehensive portfolio of products and services, including Sustainable Betting Services, Biomass Innovation Services, and Community Environment Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Offers eco-friendly sports betting with minimal environmental impact

Provides biomass-based solutions for sustainable facility designs

Delivers community-focused environmental initiatives for betting operations

Funding Insights of Direvo Biotech

Direvo Biotech has successfully raised a total of $35.4M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $8.1 million completed in April 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series D — $8.1M
  • First Round

    (26 Nov 2002)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2010 Amount Series D - Direvo Biotech Valuation

investors

Oct, 2007 Amount Series C - Direvo Biotech Valuation

investors

Nov, 2002 Amount Series B - Direvo Biotech Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Direvo Biotech

Direvo Biotech has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include NRW.Bank, The DuPont Nutrition and Health and TVM Capital Life Science. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Capital is invested in life science innovations for healthcare transformation.
Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Direvo Biotech

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Direvo Biotech

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Direvo Biotech Comparisons

Employees
+
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Competitors of Direvo Biotech

Direvo Biotech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GSK, Avidity Biosciences, Sutro Biopharma, Antheia and Vividion Therapeutics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Developer of pharmaceuticals and vaccines for various therapeutic areas
domain founded_year HQ Location
Antibody-siRNA complexes are developed for cancer treatment.
domain founded_year HQ Location
Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
domain founded_year HQ Location
Yeast cells are genetically engineered to produce medicinal products.
domain founded_year HQ Location
Developing novel drugs based on a proteome-wide ligand and target discovery platform
domain founded_year HQ Location
CRISPR-engineered cell and gene therapies are developed for research applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Direvo Biotech

BASF strengthens its enzyme technology footprint
Nuffoodsspectrum12 years ago

Frequently Asked Questions about Direvo Biotech

When was Direvo Biotech founded?

Direvo Biotech was founded in 2000 and raised its 1st funding round 2 years after it was founded.

Where is Direvo Biotech located?

Direvo Biotech is headquartered in Koln, Germany. It is registered at Koln, North Rhine-westphalia, Germany.

Is Direvo Biotech a funded company?

Direvo Biotech is a funded company, having raised a total of $35.4M across 3 funding rounds to date. The company's 1st funding round was a Series B of $10.5M, raised on Nov 26, 2002.

What does Direvo Biotech do?

Developer of sustainable sports betting facilities using biomass technology. It integrates advanced biomass technology with modern sports betting infrastructure to promote environmentally responsible operations. The company collaborates with environmental scientists and industry experts to design facilities that minimize ecological impact while maximizing user experience. Services include establishing new environmental standards in sports betting, leveraging biomass advancements for energy and green building, and creating betting environments that positively contribute to the community and the planet. The focus is on green technology leadership, commitment to innovation in sustainable energy and construction, and a concentration on positive community impact through its projects.

Who are the top competitors of Direvo Biotech?

Direvo Biotech's top competitors include Sutro Biopharma, Synthego and Avidity Biosciences.

What products or services does Direvo Biotech offer?

Direvo Biotech offers Sustainable Betting Services, Biomass Innovation Services, and Community Environment Services.

Who are Direvo Biotech's investors?

Direvo Biotech has 7 investors. Key investors include NRW.Bank, The DuPont Nutrition and Health, TVM Capital Life Science, Bankhaus Wölbern, and Mulligan BioCapital.

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