Home Cosmetics Biotech company Debut expands into fragrance category following Series B funding increase

Biotech company Debut expands into fragrance category following Series B funding increase

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Earlier this year, CosmeticsDesign reported that biotech company Debut had secured $34 million in Series B funding from vested partners including L’Oréal’s venture capital fund BOLD. Earlier this month, the company announced its latest Series B funding round led by L’Oréal reached $40 million.

The company, which has previously focused on providing cosmetics and personal care product manufacturers with new ingredients that utilize its proprietary cell-free and advanced fermentation processes, will use some of the increased funding to expand into fragrances. It is planned to be used for Find out how Debut is pivoting to the development of new fragrance molecules, how the company is working to meet the needs of manufacturers in this field, and what it has done so far in the fragrance field. To learn more about the innovations made, CosmeticsDesign-USA (CDU) interviewed Joshua. Insights from Mr. Britton, Founder and CEO of Debut.

CDU: How does Debut leverage its proprietary biomanufacturing platform to develop novel, bioidentical fragrance molecules?

Joshua Britton (JB): The fragrance industry is at a critical juncture. On the one hand, consumer appetite for natural ingredients continues unabated, but on the other hand, the pressure on the planet’s dwindling natural resources is unsustainable. Add to that the massive use of petroleum-based synthetic fragrance ingredients, many of which are under threat of regulation, and you’re creating the perfect fragrance storm. Advanced biomanufacturing is the only solution that can scale to the fragrance industry’s consumption levels, producing allergen-free natural ingredients with the highest purity, quality and safety.

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