Last deal

$8.05M
Local Amount - CAD 10M

Amount

Debt Financing

Stage

15.01.2018

Date

3

all rounds

$19.22M

Total amount

date founded

Financing round

General

About Company
Prevtec microbia develops biotech products to improve health of food animals.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2003

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The company was founded by Dr John M. Fairbrother and Dr Eric Nadeau as a spin-off from the Faculté de médecine vétérinaire at the Université de Montréal. Prevtec microbia develops vaccines and drug technologies that target bacterial diseases in food animals, providing sustainable solutions that improve animal health, production, and food safety. Their products release enterotoxins that trigger the transport of fluid and electrolytes from the body to the animal's intestines, leading to diarrhoea and dehydration, which allows clients to use antibiotics more effectively.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

Elanco

announced date

01.08.2019

price

$59.9M

Financials

Funding Rounds
4
3

Number of Funding Rounds

$19.22M

Money Raised

Their latest funding was raised on 15.01.2018. Their latest round Debt Financing

Date 
Funding Round 
Investors 
Money Raised 
Lead 
15.01.2018
$8.05M
Local Amount - CAD 10M
12.03.2015
2
$4.7M
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People

Founders
3
Eric Nadeau
Eric Nadeau

Eric Nadeau

Erik Nadeau is Co-Founder at Fronen Foods.

current job

Fronen Foods
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Eric Nadeau

Eric Nadeau

current job

Prevtec microbia
Prevtec microbia

organization founded

1

Eric Nadeau

John M. Fairbrother

current job

Prevtec microbia
Prevtec microbia

organization founded

1

John M. Fairbrother

Employee Profiles
5

Joanie Giroux

Rã ceptionniste, adjointe administrative

Michel Fortin

Chief executive officer

Michel Fortin

President and CEO

Eric Nadeau

Co-founder

John M. Fairbrother

Co-founder

Activity

Recent News
0