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Probi

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Probi is a globally leading player in probiotic research and develops probiotics used in both Functional Food and Dietary Supplements

Lund Municipality, SwedenFounded 1991Food
Valuation $483M Market cap · 2025
Revenue $50–100M Latest reported FY
EBITDA $14M Latest reported FY

About Probi

Probi AB operates as a specialized biotechnology firm concentrating on the research, development, and manufacturing of probiotic solutions. The company’s origins trace back to a research project at Lund University, Sweden, in the mid-1980s, which aimed to explore the therapeutic benefits of specific probiotics for critically ill patients. This foundational research led to the company's official establishment in 1991.

The business model is twofold, encompassing both Business-to-Business (B2B) and Business-to-Consumer (B2C) segments. Probi primarily functions as a B2B entity, providing clinically documented probiotic strains and expertise to partners in the pharmaceutical, health, and food industries. These partners then incorporate Probi's biotics into their own branded supplements and functional foods. Revenue is generated through the sale of bulk probiotic ingredients and finished products, as well as through licensing agreements for its patented technologies. Geographically, Probi serves markets across the Americas, Europe, and the Asia-Pacific region.

A significant milestone in the company's history was the 2016 acquisition of Nutraceutix, a US-based company, which transformed Probi into a vertically integrated organization with capabilities spanning the entire value chain from R&D and fermentation to final production and marketing. Another pivotal development occurred in early 2025 when Probi became part of Symrise AG, a major global supplier of fragrances, flavors, and nutrition solutions, following an acquisition that led to its delisting from Nasdaq Stockholm. This integration is expected to bolster Probi's innovation capacity and global reach.

Probi's product portfolio is built on a foundation of extensive scientific research, with over 400 granted patents and applications. Its offerings are structured around nine key health areas, including digestive health, immune support, mental wellness, bone health, and iron absorption. Flagship concepts include Probi Digestis®, Probi Defendum®, Probi FerroSorb®, and Probi® Osteo. A key strain, Lactiplantibacillus plantarum 299v (LP299V®), is one of the most clinically studied in the world and formed the basis for ProViva, the company's first commercial product launched in 1994. The company continues to innovate, with recent developments including a focus on the gut-brain axis with strains like HEAL9 for cognitive and mental wellness, and the 2024 launch of Metabolic Health by Probi®, a concept targeting markers of metabolic syndrome.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1991
Headquarters
Lund Municipality, Sweden
Listing
IPO 2004
Sector
Food
Power Law
Colt$25–100M revenue

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Vinnova
Employees mapped 130 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 25 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇸🇪 Sweden · Lund Municipality HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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