German biotech Quazy Foods raises €800K for microalge ingredients.

Image courtesy of Quazy Foods

Investments & Finance

Quazy Foods Raises €800K to Revolutionize Plant-Based Food with Microalgae Ingredients

Quazy Foods, a Berlin-based biotech startup, has announced an €800K pre-seed funding raise to grow microalgae and develop functional ingredients for plant-based foods and other applications. ProVeg International, Antler, and Sprout & About Ventures led the round, with additional investment from business angels. In addition to this newly raised capital, Quazy Foods is officially co-funded by the European Union. With the new funds, Quazy Foods will expand to pilot-stage production and develop the first samples of its microalgae ingredient. Additionally, the startup has announced that it will make key strategic hires for its next growth phase.  Berenike Zimmer, co-founder of Quazy Foods, shared, “Microalgae combine exceptional nutritional profiles with outstanding functional properties, which predestines them as a powerful renewable resource of the future. With Quazy …