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Chinova Bioworks
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Developer of a food preservative from natural sources

Founded in 2016
Founded in

Company type Private Public ()
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Industry Group agriculture & food

Sector food waste

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Fredericton, NB Fredericton, Canada
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Updated by Cleantech Group on 07/04/2023

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IPO INFORMATION

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Date Investors Type Amount
06/28/2022 DSM Venturing DSM Venturing , Rhapsody Venture Partners Rhapsody Venture Partners , Rich Products Ventures Rich Products Ventures (3)
Post-money valuation of
The Series A capital will go towards growing Chinova’s team and enhancing production capacity at its facility in Prince Edward Island, which is set to formally open in the coming months. It will also fund the launch of new products.
Series A $6,000,000
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