Follow-up investment in Probio
Norinnova Invest has made a follow-up investment of NOK 9.2 million in ProBio Nutraceuticals, making the fund's total investment in the company NOK 21.8 million.
Tromsø based ProBio was founded in 2000 and has two main activities: Nutrients and Pharma & Supplements. The company is a leading player in the North-European market for production of high-quality Omega 3 products.
In addition to Norinnova Invest, Norinnova owns 9.7 percent of the company.
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| Fund | NorInnova Invest |
| Portfolio Company | ProBio Nutraceuticals |
| Date of Transaction | 2010-08-11 |
| Transaction | Finance round |
| Seller | |
| Buyer | |
| Size of Transaction | NOK 9.2m |
| Ind. Focus | Other |
| Geography | Norway |
| Stage | Seed |