Cosaic closes USD 6 million Late Seed Financing Round

Cosaic AG, a Swiss food biotech startup developing yeast-derived multifunctional ingredients, has completed a USD 6 million late seed financing round. The round involved new investors dsm-firmenich Ventures, a large Swiss family office and Kickfund, as well the existing investors Navus Ventures B.V. and Zürcher Kantonalbank. The new funds will support three priorities over the coming phase of growth to become market ready: regulatory work, production scale-up, and industrial trials with large clients.

Walder Wyss has advised Cosaic on this transaction. The team included Ramona Wyss (Partner, Transactions/Regulatory), Fabienne Limacher (Partner, Tax), Letizia Schlegel (Senior Associate, Corporate/M&A), Merens Derungs (Associate, Corporate/M&A), Johannes Stamm (Associate, IP/IT), Benjamin Reis (Senior Associate, Commercial Contracts) and Mounia Stocker (Associate, Employment).