# BIOWEG funding: rounds and investors

> BIOWEG has raised $14M across 2 rounds since 2025. Investors include EIC Accelerator, Leo Capital and Axeleo Capital. Every round with its source.

Source: https://millionrounds.com/company/bioweg (Millionrounds; every figure on the page links to its filing or article)

Germany · [Funded startup](https://millionrounds.com/companies)

# Who invested in *BIOWEG*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Chemicals & Materials

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$14M** raised across 2 rounds since 2025, from 2 sources

**$1.8M** Grant **$12M** Grant

- **Latest round:** Grant, $12M Sept 2026
- **Step-up i:** 6.7×
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$1.8M** Grant

**$12M** Grant

- **First round:** Grant, $1.8M
- **Biggest round:** $12M
- **Between rounds:** 9 months

## The rounds

- **Sept 2026** Grant **$12M** *1 new* *3 returning* [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Leo Capital](https://millionrounds.com/fund/leo-capital) [European Union](https://millionrounds.com/fund/european-union) [Axeleo Capital](https://millionrounds.com/fund/axeleo-capital) Source recorded
- **Dec 2025** Grant **$1.8M** *3 new* [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Leo Capital](https://millionrounds.com/fund/leo-capital) [Axeleo Capital](https://millionrounds.com/fund/axeleo-capital) Source recorded

## Founders and team

From BIOWEG's own website: 3 founders, 5 on the team.

**Dr. Prateek Mahalwar** CEO & Founder

**Srinivas Karuturi** COO & Founder

**Tobias Jakob** Founder's Associate

- **Nicolas Blanchon** Head of Sales
- **Vibhor Jain** Head of Finance
- **Jordi Barnadas** Sales & Business Development Manager
- **Sreyashri Maity** Technical Project Manager
- **Tobias Bone** Engineering & Construction Project Manager

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Grant** 2025 **Grant** 2026 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Leo Capital](https://millionrounds.com/fund/leo-capital) [Axeleo Capital](https://millionrounds.com/fund/axeleo-capital) [European Union](https://millionrounds.com/fund/european-union)

## Everyone who backed them

[EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) Government **2** rounds

[Leo Capital](https://millionrounds.com/fund/leo-capital) VC firm **2** rounds

[Axeleo Capital](https://millionrounds.com/fund/axeleo-capital) VC firm **2** rounds

[European Union](https://millionrounds.com/fund/european-union) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=bioweg).

## Quick answers about BIOWEG

### Who invested in BIOWEG?

BIOWEG's investors include EIC Accelerator, Leo Capital, Axeleo Capital and European Union.

### How much has BIOWEG raised?

BIOWEG has raised $14M across 2 rounds since 2025.

### When did BIOWEG last raise?

BIOWEG's most recent round was a Grant of $12M in Sept 2026.

### What was BIOWEG's biggest round?

Its most recent round, $12M in Sept 2026, is also its largest on record.

### Who backed BIOWEG first?

BIOWEG's first round on record, in Dec 2025, was backed by EIC Accelerator, Leo Capital and Axeleo Capital.

### What stage is BIOWEG at?

BIOWEG's latest named round is a Grant, in Sept 2026.

### Where is BIOWEG based?

BIOWEG is based in Germany.

## Companies like BIOWEG

In the same sector, and raised in the last eighteen months.

[**METYCLE** $165M · Sept 2026](https://millionrounds.com/company/metycle)[**atira** $15M · Sept 2026](https://millionrounds.com/company/atira)[**Nunos** $655K · Sept 2026](https://millionrounds.com/company/nunos)[**Nanolope** $936K · Aug 2026](https://millionrounds.com/company/nanolope)[**Porelio** $2.7M · Jul 2026](https://millionrounds.com/company/porelio)[**HyProMag** $806K · Apr 2026](https://millionrounds.com/company/hypromag)

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