MetGen

The friendly enzyme company.

Launch date

2006

Employees

Market cap

Enterprise valuation

Company register number 2075584-9

Kaarina Southwest Finland (HQ), Kaarina Southwest Finland (founding location)

Revenues, earnings & profits over time

EUR	2017	2018	2019	2020	2021	2022	2023
Profit	-	(1.2m)	(1.4m)	(1.1m)	(2.1m)	(1.2m)	-
% profit margin	-	(20 %)	(104 %)	(86 %)	(72 %)	(63 %)	-

Date	Investors	Amount	Round
-	Sofinnova Partners Emerald Technology Ventures Tesi Finnvera Loudspring Innovestor HST Tekes Business Finland Venture Capital European Commission	N/A	-
Nov 2017	N/A	€3.1m	Grant
Dec 2017*	Ecolab	N/A	-
May 2018*	N/A	€3.1m	Grant
Oct 2018	European Union	€1.1m Valuation: €1.1m 1.1x EV/LTM Revenues	Grant
Jan 2019*	European Union	€500k	Grant
Oct 2019	European Union	€1.3m Valuation: €1.3m 0.2x EV/LTM Revenues -1.4x EV/LTM EBITDA	Grant
Oct 2020	Business Finland	€100k Valuation: €100k 0.1x EV/LTM Revenues -0.1x EV/LTM EBITDA	Grant
Oct 2020	European Union	€1.2m Valuation: €1.2m 0.9x EV/LTM Revenues -1.2x EV/LTM EBITDA	Grant
Oct 2021*	European Union	€13.3m	Grant
Oct 2021	European Union	€1.7m	Grant
Total Funding		CAD70.1m

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Financials