ImpactCo* saw strong growth potential in two Series A fermentation-based ingredient producers but needed a more detailed picture before deciding who to bid on. Both targets showed promise, one having built their own state-of-the-art production facility and the other having secured a large strategic customer for their first outsourced production runs. Both relied on novel bioprocessing technologies that required scalability to reduce costs.
Our client was eager to make their first investment in this field, but had lingering concerns. Which of the two targets had the most competitive product offering and market applications? Which of the two targets has better techno-economics and fewer scaling challenges? ImpactCo’s decision to pursue with either target depended on answers to these questions.
