Alternative Plants
Seed Round in 2022
Alternative Plants, SIA is a biotechnology start-up based in Riga, Latvia, founded in 2017. The company specializes in the development of active ingredients derived from plant stem cell cultures, focusing on medicinal plants that are rare, endangered, or difficult to cultivate. This innovative technology allows for the sustainable and consistent production of cosmetic ingredients, primarily targeting the anti-aging and skin whitening markets. Clients include cosmetic manufacturers that incorporate these plant stem cell-derived substances as key ingredients in their products. While the current emphasis is on the cosmetic sector, the company aims to expand its technology to other markets, including functional foods, medical devices, and pharmaceuticals.
Alternative Plants
Seed Round in 2017
Alternative Plants, SIA is a biotechnology start-up based in Riga, Latvia, founded in 2017. The company specializes in the development of active ingredients derived from plant stem cell cultures, focusing on medicinal plants that are rare, endangered, or difficult to cultivate. This innovative technology allows for the sustainable and consistent production of cosmetic ingredients, primarily targeting the anti-aging and skin whitening markets. Clients include cosmetic manufacturers that incorporate these plant stem cell-derived substances as key ingredients in their products. While the current emphasis is on the cosmetic sector, the company aims to expand its technology to other markets, including functional foods, medical devices, and pharmaceuticals.
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