Comet Bio
PrivateLast Round
Debt
Jul 3, 2023
Total Funding Raised
$76.78M
Momentum Score
25 /100
Company Overview
Comet Bio is a food technology company that produces healthy and sustainable ingredients by upcycling crop leftovers. The company's patented technology converts agricultural residues into products like Arrabina, a prebiotic dietary fiber, and Sweeterra, a line of sustainable, lower-sugar syrup blends. Arrabina is clinically proven to support gut health, help maintain healthy blood glucose levels, and support immunity. Comet Bio aims to address consumer demand for gut health, sugar reduction, and reduced food system waste. The company has a Canadian headquarters in London, Ontario, a U.S. headquarters in Schaumburg, Illinois, and a manufacturing facility in Kalundborg, Denmark.
Sector
Healthcare & Life Sciences
Verticals
Circular Economy, Biotechnology, Sustainable Materials
Business Model
B2B
Customer Profile
Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Comet Bio Comps
Public and private peers based on sector, stage, and business model.
Comet Bio Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Jul 3, 2023 | ||||
| Series C | Jul 13, 2021 | ||||
| Series A | Jul 16, 2019 | ||||
| VC Round | Feb 28, 2017 | ||||
| Grant | Mar 7, 2016 | ||||
VC Round | Feb 25, 2015 |
Key People
Founding team and executive leadership
Comet Bio Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Sustainable Development Technology Canada | Grant |
| Open Prairie | Series C |
| Business Development Bank of Canada (BDC Capital) | Series C |
| European Investment Bank Group | Debt |
| PM Equity Partner | Series A, VC Round |
| Sofinnova Partners | Series A, VC Round, Series C |
| Bioindustrial Innovation Canada | VC Round |
Market signals
Structured signals derived from secondary market and firmographic data.
- Dec 11, 2025
Added Integrative, a health & wellness company, as a customer.
- Nov 12, 2025
Developing a protein drink in partnership with Puris.
Comet Bio Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Comet Bio's valuation, stock price, and market status.
