💻 Technology 3d ago · Cate Lawrence

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

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Edonia raises €15M to scale microalgae protein as an alternative to meat
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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 higher expectations: consumers aren’t just looking for a replacement, but for products that are high in protein, affordable and minimally processed while tasting good. 
Edonia proposes a different approach: a new whole food source based on microalgae that goes beyond replicating animal products.
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