Vegea

Rovereto, Italy Founded: 2016 • Age: 10 yrs
Biomaterial from grape byproducts is developed via bioprocess technology.
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About Vegea

Vegea is a company based in Rovereto (Italy) founded in 2016 by Gianpiero Tessitore, Valentina Longobardo, and Francesco Merlino.. Vegea offers products and services including VEGEA® and GrapeSkin®. Vegea operates in a competitive market with competitors including Avidity Biosciences, Univercells, Sutro Biopharma, Vividion Therapeutics and Straumann Group, among others.

  • Headquarter Rovereto, Italy
  • Founders Gianpiero Tessitore, Valentina Longobardo, Francesco Merlino
  • Sectors
    Retail
    Healthcare Chemicals & Materials
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Vegea Srl
Operational Areas
Retail → Fashion & Retail Innovation
Healthcare → Biotechnology, Genomics & Life Sciences Research
Chemicals & Materials → Advanced & Functional Materials
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $618.61 K (USD), Grant

    Aug 31, 2019

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Vegea

Vegea offers a comprehensive portfolio of products and services, including VEGEA® and GrapeSkin®. 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

Sustainable material from grape waste for fashion and packaging uses

Material derived from wine production waste for eco-friendly applications

Funding Insights of Vegea

  • Total Funding
  • Total Rounds 4
  • Last Round Grant — $618,605
  • First Round

    (04 Jul 2017)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2019 Amount Grant - Vegea Valuation

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Jun, 2019 Amount Grant - Vegea Valuation

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Mar, 2018 Amount Grant - Vegea Valuation

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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

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Investors in Vegea

Vegea has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Chivas Venture and EIC Fund. 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
Startup accelerator
Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
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 Vegea

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 - Vegea

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

Vegea Comparisons

Employees
+
Add Comparison
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Competitors of Vegea

Vegea 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 Avidity Biosciences, Univercells, Sutro Biopharma, Vividion Therapeutics and Straumann Group, 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.

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Latest news on Vegea

Frequently Asked Questions about Vegea

When was Vegea founded?

Vegea was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Vegea located?

Vegea is headquartered in Rovereto, Italy. It is registered at Rovereto, Trentino-alto Adige, Italy.

Who is the current CEO of Vegea?

Gianpiero Tessitore is the current CEO of Vegea. They have also founded this company.

What does Vegea do?

Vegea is a biotechnology company that develops biomaterial from wine using bioprocess technology. The material is vegetal leather produced through a specific processing of fibers and vegetal oils contained in grape marc, which is a fully natural raw material consisting of the grape skins, stalks, and seeds obtained from winemaking. The product finds application in fashion design, in order to meet the need for green and animal-free products to be used in these Industries. As of July 2018, the company claims to derive 7 billion Kilograms of grape marc for an annual potential production of 3 billion square meters of Vegea.

Who are the top competitors of Vegea?

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

What products or services does Vegea offer?

Vegea offers VEGEA® and GrapeSkin®.

Who are Vegea's investors?

Vegea has 4 investors. Key investors include European Union, Chivas Venture, EIC Fund, and UniCredit Start Lab.

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