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  • Direvo announces successful closure of 3.5 Million Euro financing round

    March 18, 2013

Today, Direvo Industrial Biotechnology GmbH (Direvo) announced the successful closure of a financing
round of three and a half million Euro to fund the sustainable growth of the company.
All current major investors participated in this third financing round since the founding of Direvo,
a spin-off from Direvo Biotech AG, in the year 2008. The capital will be used to get the platform
technologies BluCon® and BluZy® ready for the market.
Jorg Riesmeier, Chief Executive Officer of Direvo, said: “We are pleased to have closed this financing
round to accelerate the market maturity of our products. We are also very proud that all of
our existing investors have committed again. This underlines the investors’ belief in our team, the
satisfaction with the things we have achieved so far and the trust to manage the up-coming challenges
in the markets. Direvo is well prepared for a successful market entrance.”
About Direvo Industrial Biotechnology GmbH
Direvo is a biotechnology company focusing on the biomass conversion industry. Direvo identifies
bottlenecks and weaknesses in current industrial processes in this sector and develops and implements
biology-based solutions together with large and small industrial partners. Direvo’s products
are newly designed enzymes and high quality microorganisms that provide easy-to-implement and
cost-effective solutions. Direvo’s contributions strengthen the competitiveness and the profitability
of the partners while supporting them to make the future cleaner, greener and safer. More
information about Direvo is available on
Jorg Riesmeier
Phone +49 221-47448-101
Fax +49 221-47448-111