Investment Climate Podcast with Nemailla Bonturi of ÄIO

Investment Climate Podcast

Investments & Finance

Investment Climate Podcast: Nemailla Bonturi of ÄIO, How to Get Funded in 2024

In this podcast series, Alex Shandrovsky interviews investors about benchmarks for funding alt proteins in 2024 and uncovers the investment playbooks of successful climate tech CEOs and leading VCs. Podcast Host Alex Shandrovksy is a strategic advisor to numerous global food tech accelerators and companies, including alternative proteins and cellular agriculture leaders. His focus is on investor relations and post-raise scale for agrifood tech companies. Series 2 Episode 3: Nemailla …

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Estonia's government innovation lab, Accelerate Estonia has announced Estonia's first public novel food tasting and one of the first public tastings of novel foods across Europe. 

© Accelerate Estonia

Fairs & Events

Estonia to Hold First-Ever Public Novel Food Tasting Featuring Innovations by ÄIO & Gelatex

Estonia’s governmental innovation lab, Accelerate Estonia, in collaboration with the novel food startups ÄIO and Gelatex, has announced Estonia’s first public novel food tasting and one of the first public tastings of novel foods across Europe.  The event will feature dishes prepared by chef Johannes Hõimoja using novel food ingredients from ÄIO and Gelatex. It will take place on the 23rd of May during the region’s startup and tech event, Latitude59.  According to the announcement, participants …

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ProFuse Technology and Gelatex have partnered to advance cultivated meat production.

© ProFuse Technology

General

ProFuse Technology and Gelatex to Expedite Cultivated Meat by Enhancing Muscle Growth 

Israeli biotech ProFuse Technology, a biotech at the forefront of muscle tissue growth, and Gelatex Technologies, an Estonian materials technology company specializing in nanofibers, have partnered to advance cultivated meat production. The companies have announced that they have been working on a comprehensive solution for optimizing muscle growth that will expand production capacity and expedite the commercial viability of cultivated meat. Using a media supplement developed by ProFuse and Gelatex’s plant-based scaffolds, …

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Fat made with up cycled ingredients

© ÄIO

Fermentation

ÄIO Raises €1M to Replace Palm Oil With Fats Made From Sawdust

Estonian startup ÄIO has secured €1 million to further develop its technology, which converts agricultural and wood industry sidestreams such as sawdust into alternative fats. The process uses a microbe called the “red bug” to ferment the industrial byproducts, converting them into nutrient-rich fats. These could replace commonly used products such as palm and coconut oil, which often have a hugely detrimental impact on the environment. The fats will be …

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Meet-Future-chicken

© Meet Future

Meat

Meet Future Wins Plant-Based Start-Up Competition With Fermented Mycoprotein Whole Cuts

Out of the 50+ startups that applied, Meet Future, an Estonian-based food tech that produces whole cut meat and seafood alternatives made from mycoprotein, was announced winner of the Plant-Based Start-Up Competition. Vevolution, a leading vegan marketplace and Plant-Based World Expo Europe, a B2B 100% plant-based food & beverage expo, selected Meet Future for its mycoprotein whole cuts, both of which are considered the second wave of plant-based alternatives. Next-gen whole cuts …

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cultivated meat scaffolding

© Gelatex

Meat

Gelatex Now Able to Produce Enough Cultivated Meat Scaffolding for 300 Tonnes Annually

Estonia’s Gelatex has announced it is now running pilots with the capacity to produce enough cultivated meat scaffolding for 300 tonnes of meat per year. The scaffolds are made using the company’s nanofibrous materials technology. Gelatex’s work has been supported by investment from Lifely VC, a venture capital firm with a focus on removing animals from supply chains. Lifely has also invested in a range of other successful cellular agriculture …

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ProProtein founder Kaisa Orgusaar

Founder and CEO Kaisa Orgusaar © ProProtein

Cheese

Estonia: ProProtein Opens Seed Round for Cow-Free Casein

ProProtein, the female-driven Estonian alt dairy startup, has initiated a seed funding round to develop its precision fermentation platform. Looking for €700,000, ProProtein aims to develop scalable biotech to produce dairy proteins from yeast. Through March and April, ProProtein will be raising its seed round funding, following the company’s announcement of a successful casein expression by co-founder and CSO Tiina Tamm PhD. Caseins are essential functional proteins in milk that …

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