Page 6 - EIF_CIP case studies

What are the key components of dietary supplements and functional foods? Safe and natural nutraceutical ingredients produced by micro-organisms, says Fluxome, the purposely named company.

Fluxome is a biotechnology company that uses metabolically enhanced micro-organisms as cell factories for manufacturing natural ingredients with potential specifc health benefts. One of the company’s star products, Resveratrol, is a polyphenol compound found in grapes and berries. Resveratrol has been reported in several studies as having a number of health benefts such as anti‑aging, anti-infammatory, cardiovascular and cancer-protective properties. Fluxome was founded in 2002 as a spin-off of the Technical University of Denmark, with the aim of exploiting its technology and know-how in the development of innovative and cost-effective bioprocesses.

“We wanted to become a leader in the development and manufacturing of nutraceutical ingredients. Our strategy was to develop the company to become a signifcant player in the nutraceutical ingredient sector. The fve million euro invested through the Capricorn Cleantech Fund allowed us to bring the projects forward and achieve large-scale production and commercialisation. We progressed from “proof of concept” to a successful commercial market introduction in 2009. With the help of CIP funding, Fluxome has, within a short timeframe, developed from a start-up company to a product and sales-oriented organisation” declares Fluxome’s President and CEO Steen Andersen.

Company: Fluxome AS, Stenlose Type of business: Natural dietary supplements EU-supported investment through Capricorn Cleantech Fund: EUR 5 million

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Denmark

From grapes to cancer protection