Mosspiration Biotech
- Founded in: 2016
- Number of employees: 2
- Country: Denmark
- Investors: Innovation Fund Denmark, Korea Institute of Startups & Entrepreneurship Development (KISED)
- Market: Air freshener (in USA), Fragrance (perfume material)
- Website: www.mosspirationbiotech.com
Which input provides your business model/core technology towards a bio-based economy?
As a plant cell, moss can produce most of the plant-derived compounds with little bioengineering. One distinct characteristic of moss is that it has a very low fragrance background thus does not interfere fragrance when produced. Likewise, the company was established to sell fragrant moss as a living air freshener in the USA. Now we are focusing on entering the fragrance industry by improving our moss lines.
Which market/clients do you address and which short-term/long-term goals do you have?
Currently we have our product – fragrant moss – in US market. This will generate revenue that will drive or support us to enter the fragrance industry in the long-term. Our Short-term goal is to have stable revenue from the fragrant moss for the next three years. And based on this business, we will commercialize purified fragrance products in the European market in the long-term.
What makes your approach unique compared to other stakeholders in the field?
Using plant cells for the production makes our approach unique. To date, most of the bio-based chemicals are produced from microbes. We are aware that the production efficiency in microbes is much higher, but some of the plant-derived compounds – those are toxic to the microbes – are still hard to produce from those. Likewise, we aim to produce the type of niche compounds that plant cells can do better.
You can meet Mosspiration Biotech in Toulouse at the START-UP VILLAGE @EFIB on 17-18 October.