Inhibio gets early investment from Televenture Management

Inhibio, an Oslo, Norway-based biotech startup, secured early stage funding for its R&D efforts aimed to help reduce unwanted biocides in existing products. The money comes from TeleVenture Management through its Norsk Innovasjonskapital fond 4.

Inhibio, founded in 2014, is a Bio-materials company developing non-toxic preventative ”state-of-the-art” additives reducing the biofilm challenge for a number of industries. Unwanted biofilm is a costly problem in a number of industries like shipping, food production & packaging and aqua-culture and the costs are measured in billion of USD pr. year.