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160 Zagreb-based Fasal Bio secures €7 million to replace plastics with renewable raw materials

EU-Startups
Rahul Raj @ EU-Startups 1 place · today 06:00 EDT

Zagreb-based Fasal Bio secures €7 million to replace plastics with renewable raw materials

Fasal Bio, a Zagreb-based company developing a proprietary renewable material platform designed to reduce the reliance on conventional plastic, has secured a €7 million growth equity investment from BlackPeak Capital.  This transaction marks the Bulgarian private equity firm’s first direct investment in Croatia. BlackPeak Capital targets growth equity investments of €5–20 million in fast-growing companies ...

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