Galactic Overview
- Year Founded
-
1994
- Status
-
Private
- Employees
-
300
- Latest Deal Type
-
PE Growth
- Financing Rounds
-
1
Galactic General Information
Description
Developer and provider of antimicrobial lactic acid created for the food market. The company offers shelf-life extension, flavor enhancement, texture improvement and natural leavening solutions, providing food, snacks and other confectionery manufacturers with reliable ingredients for production enhancement.
Contact Information
Website
www.lactic.comCorporate Office
- Place d'Escanaffles, 23
- 7760 Escanaffles
- Belgium
Corporate Office
- Place d'Escanaffles, 23
- 7760 Escanaffles
- Belgium
Galactic Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Galactic Comparisons
Industry
Financing
Details
Galactic Competitors (9)
One of Galactic’s 9 competitors is International Flavors & Fragrances, a Corporation company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| International Flavors & Fragrances | Corporation | New York, NY | ||||
| Puratos | Private Equity-Backed | Brussels, Belgium | ||||
| Robertet | Corporation | Grasse, France | ||||
| Kerry Group | Corporation | Naas, Ireland | ||||
| Mallard Creek Polymers | Private Equity-Backed | Charlotte, NC |
Galactic Patents
Galactic Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240417659-A1 | Method for preparing an extract of herb(s) and/or spice(s) from a vinegar salt | Pending | 12-Nov-2021 | ||
| EP-4429479-A1 | Process for preparing a herb(s) and/or spice(s) extract from a vinegar salt | Pending | 12-Nov-2021 | ||
| WO-2023083907-A1 | Process for preparing a herb(s) and/or spice(s) extract from a vinegar salt | Inactive | 12-Nov-2021 | ||
| EP-3612636-A1 | Method for simultaneously producing lactic acid and alcohol or biogas from cereals | Active | 20-Apr-2017 | ||
| WO-2018192952-A1 | Method for simultaneously producing lactic acid and alcohol or biogas from cereals | Inactive | 20-Apr-2017 | C12P7/56 |
Galactic Signals
Galactic Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Galactic FAQs
-
When was Galactic founded?
Galactic was founded in 1994.
-
Where is Galactic headquartered?
Galactic is headquartered in Escanaffles, Belgium.
-
What is the size of Galactic?
Galactic has 300 total employees.
-
What industry is Galactic in?
Galactic’s primary industry is Specialty Chemicals.
-
Is Galactic a private or public company?
Galactic is a Private company.
-
What is the current valuation of Galactic?
The current valuation of Galactic is .
-
What is Galactic’s current revenue?
The current revenue for Galactic is .
-
How much funding has Galactic raised over time?
Galactic has raised $4.75M.
-
Who are Galactic’s investors?
Finasucre Group and Wallonie Entreprendre have invested in Galactic.
-
Who are Galactic’s competitors?
International Flavors & Fragrances, Puratos, Robertet, Kerry Group, and Mallard Creek Polymers are some of the 9 competitors of Galactic.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process