Covalo raises €3.5M to become the shared data infrastructure for an industry where 80% of products will need reformulating by 2030

The Next Web
By Cristian DinaApr 2, 2026, 2:54 am103 pts
The Zurich platform, which connects 1,500+ ingredient suppliers and 6,000 brands including Givaudan, Symrise, PUIG, and La Prairie, is evolving from a discovery marketplace into a data backbone that plugs directly into suppliers’ PIM systems and brands’ R&D workflows. Hi inov led the round. Covalo, the…

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