European Investment Bank (EIB)

Heura receives funding from European Investment Bank

© Heura
Investments & Finance

Heura Secures €20M From the European Investment Bank, Expects to Reach Profitability in Q4 2025

Spanish plant-based brand Heura has secured €20 million in funding from the European Investment Bank (EIB). The capital will enable the company to accelerate its mission of expanding beyond plant-based meat, developing a new generation of products with improved nutritional density in mass-consumption categories. Heura says the funding demonstrates significant institutional support for its model, which is driven by science, sustainability, and health. The news comes after Heura opened an Innovation Hub in Barcelona’s 22@ district this January. At the time, the brand announced plans to register six new patents over the following nine months. “This financing agreement with Heura is a clear example of how the EIB is stepping up its support for companies that are at the forefront of the bioeconomy sector, driving …

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Lantmännen

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Protein

EIB Backs Lantmännen’s Pea Protein Facility in Sweden as Part of EU’s Sustainable Protein Strategy

The European Investment Bank (EIB) has committed a loan of EUR 50 million to Lantmännen, a leading Swedish agricultural cooperative, to support the construction of a pea protein processing plant in Lidköping, Sweden. This investment is designed to bolster food security and reduce the European Union’s reliance on imported proteins, aligning with the EU’s broader goals of enhancing self-sufficiency in plant-based protein production and promoting sustainable agricultural practices. The new facility, expected to be completed by mid-2027, will have an annual processing capacity of more than 40,000 tons of peas, primarily sourced from Lantmännen’s farmer members. The plant will produce pea protein isolate, a key ingredient for plant-based foods such as protein bars, drinks, dairy alternatives, and meat substitutes. The investment is also anticipated to …

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MATR Foods secures loan from EIB

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Investments & Finance

MATR Foods Secures €20M From European Investment Bank to Construct First Full-Scale Facility

Danish meat alternatives producer MATR Foods has signed a €20 million loan agreement with the European Investment Bank (EIB). The funding, which is supported by the European Commission’s InvestEU initiative, will allow MATR to construct its first full-scale production facility and conduct more R&D. This will enable the company to produce over 3,000 tonnes of its product per year. On LinkedIn, MATR claimed it was the first ever meat alternatives company to gain the support of the EIB. Healthy and sustainable MATR uses fungi fermentation to produce meat alternatives made from local crops such as beetroot, potatoes, lupin, and peas. The products are said to require minimal processing and are lower in fat than previous-generation meat alternatives. The fermentation process provides an umami flavor that …

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