With the close of our Series A investment round come some exciting additions to the Deep Branch team. Lars Topholm, head of research at Carnegie Investment Bank in Denmark and non-executive Board member of Deep Branch since 2019, has been elected as Chair of the Board. Lars is currently the Head of Research at Carnegie Investment Bank with 25+ years of experience within equity research, covering both small and large-cap stocks within multiple industries (consumer goods; luxury goods; white biotech; food ingredients; logistics; capital goods). Ranked as best analyst in Scandinavia three years in a row (2016, 2017 and 2018) by Extel; Lars is an expert in IPO preparation, investor identification, communication/presentation, and valuation.
Lars sees great potential in Deep Branch’s innovative solution: “We see ourselves as a company with a platform technology: We can produce more than one type of protein, and we can supply protein to different product markets. The protein market for animal feed alone amounts to €200 billion a year, and we can see more options for using the protein. When we succeed in scaling this, it could potentially become a very, very large company. I’m looking forward to our journey ahead.”