Fi Europe

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Guest Posts

Fi Europe Startup Challenge: Plant-Based Innovation is Driving the Transition to a More Sustainable Food System

The Fi Europe Startup Challenge has become an important platform for advancing potentially transformational solutions from young companies. Although it is built around an awards programme, the Challenge does more than recognise innovation. It nurtures startups by giving them business support, constructive feedback, industry exposure and an opportunity to make the connections they need to scale up and grow. The Challenge was the brainchild of nutrition consultant and food industry expert Sandra Einerhand, who worked with the team at Fi Europe to make it a reality. Since then, the programme has gone from strength to strength, and is now in its ninth edition. “The Challenge offers a front-row seat to witness the cutting-edge ideas and creativity that are shaping the future of the food industry. …

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Arkeon Biotechnologies opens pilot facility

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Company News

Arkeon Biotechnologies Opens Pilot Production Facility to Bring CO2 Proteins to Market

Arkeon Biotechnologies, an Austrian startup converting CO2 into functional protein ingredients, announces it has achieved a significant milestone in its production process after successfully setting up a new pilot production plant. Located in Vienna’s Seestadt Innovation Hub, the new facility expands the company’s infrastructure with a 150L bioreactor system that, according to Arkeon, will improve its process and lay the biotechnological foundation for future large-scale production. Last year, Arkeon Biotechnologies unveiled its revolutionary new tech, which is capable of transforming CO2 into proteins. Its advanced process requires 99% less land and only 0.01% of the amount of water needed by traditional agriculture. Moreover, the microorganism fed with the gas fermentation technique is able to generate all 20 essential amino acids, explains the startup. The pilot plant …

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The founders turning carbon dioxide into protein

Arkeon founders. © Arkeon

Investments & Acquisitions

Arkeon Biotechnologies Secures Over €‎10M to Convert CO2 Into Food

Vienna’s Arkeon Biotechnologies, a startup converting CO2 into functional, carbon-negative ingredients for food; raised seed funding of €‎6.5 million last March and now announces it has secured another four million euros. Arkeon’s technology uses gas fermentation to transform CO2 into proteins and the process, according to the company, generates all 20 essential amino acids using a microorganism that produces them in just one fermentation process. The resulting proteins require 99% less land and only 0.01% of the amount of water used by conventional agriculture. New investors include ICL, aws Gründerfonds, FoodHack and Tet Ventures, with the fresh funds going towards the expansion of its proprietary technology as well as the planning of a new R&D centre. “We are very pleased to have the support of …

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The Arkeon team. © Arkeon

Investments & Acquisitions

Blue Horizon Invests in Arkeon, a Company Turning Carbon Dioxide Into Protein

Blue Horizon Ventures has announced a seed investment in Austrian company Arkeon Biotechnologies. Using proprietary fermentation technology, Arkeon is turning carbon dioxide into proteins with a very low environmental impact. The technology makes it possible to generate all 20 essential amino acids from carbon dioxide, using a microorganism that produces them in just one fermentation process. The resulting proteins require 99% less land and only 0.01% of the amount of water used by conventional agriculture. Additionally, the process is carbon negative, using carbon captured from industry and absorbing more CO2 than is created. Arkeon will use the funding to scale up its production of amino acids and peptides, creating clean-label ingredients that can be used in plant-based and cultivated foods. Blue Horizon investments Blue Horizon …

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