EditorialFood TechnologySustainable Food

Solar Foods Secures €25 Million Funding for Factory Expansion in Lappeenranta

23 Jan•via Editorial (1 references)

Solar Foods has raised €25 million in funding to advance its plans for building a new production facility, Factory 02, in Lappeenranta for producing Solein protein.

•Solar Foods raised approximately €25 million through a share issue.
•The funding will support the final investment decision and construction of Factory 02 in Lappeenranta.
•Factory 02 will produce Solein protein, which can replace existing proteins, milk, eggs, and meat.

Original Sources

YLE Other

Solar Foods keräsi 25 miljoonan euron rahoituksen – tehtaan rakentaminen Lappeenrantaan on nyt entistä lähempänä

Companies in this Story

Solar Foods

subject

LappeenrantaFood Production

Founded

2017

Team

11-50

Solar Foods produces food without burdening our home planet. Solar Foods' bioprocess can grow a single microorganism into an endless supply of edible food with air, electricity and fermentation. The impact of Solar Foods comes from breaking the connection between agriculture and food. Solein is an all-purpose protein grown with the air we breathe that can be used in any food, regardless of diet.

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Solar Foods€19K

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