Fasal Bio
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Founders
About
Fasal Bio is a Zagreb-based renewable materials company founded in 2012 by Krešimir Hagljan that develops wood-based, biodegradable composites to replace conventional plastics in manufactured goods 12. Its core platform, Naturion, is produced from wood and other natural raw materials and is engineered to work with standard plastic processing methods including injection moulding and extrusion 12. The €7M growth equity investment, announced April 23, 2026, came from BlackPeak Capital and represents the final investment from BlackPeak Southeast Europe Growth Equity Fund I 12.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-04-23 | Growth Equity | €7M | BlackPeak Capital | — 123 |
What Investors Say
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What Founders Say
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Sources
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Vestbee, “BlackPeak Capital invests €7M in Fasal Bio to accelerate its renewable materials platform,” April 2026. https://www.vestbee.com/insights/articles/7-m-in-fasal-bio↩↩↩↩
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EU-Startups, “Zagreb-based Fasal Bio secures €7 million to replace plastics with renewable raw materials,” April 23, 2026. https://www.eu-startups.com/2026/04/zagreb-based-fasal-bio-secures-e7-million-to-replace-plastics-with-renewable-raw-materials/↩↩↩↩
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SeeNews, “Bulgaria’s BlackPeak Capital invests 7 mln euro in Croatia’s Fasal Bio,” April 23, 2026. Accessed May 2026. https://seenews.com/news/bulgarias-blackpeak-capital-invests-7-mln-euro-in-croatias-fasal-bio-1293564 — Confirms BlackPeak Capital’s first direct investment in Croatia; final investment from BlackPeak Southeast Europe Growth Equity Fund I. ↩