Up to 27 Times Lower Carbon Footprint than Beef - Edonia Raises €15 Million for Their Meat-Alternative

Edonia raises €15M to scale microalgae protein as an alternative to meat

Foodtech Edonia has raised €15 million in funding. In recent years, plant-based alternatives have focused mostly on mimicking meat in taste, look and texture. However, the food market is now facing h...

Up to 27 times lower carbon footprint than beef - Edonia raises €15 million for their meat-alternative

French FoodTech startup Edonia, a B2B ingredient supplier specialised in ready-to-eat-protein ingredients, has raised €15 million to expand the commercial use of its microalgae-based ingredients. The round was led by SWEN Blue Ocean 2, Asterion Ventures, EIT Food, and Bpifrance. This follows a previous €2 million round in 2024 – as covered by EU-Startups. “The […]