Portuguese company Allmicroalgae – one of the largest European producers of microalgae – presents two new Chlorella powders in response to the increasing demand for plant-based food solutions. When compared to conventional, intensely green-coloured products, these new offerings are Yellow Chlorella – which works well as an egg substitute – and White Chlorella – which can replace conventional dairy bases such as milk, increasing the protein content of the product. They are also suitable for use in ice creams, mayonnaises and snacks.
Edonia Raises €2M to Redefine Plant-Based Alternatives with Umami-Powered Ingredients from Microalgae
Edonia, a French startup unlocking the potential of microalgae to create protein ingredients for plant-based foods, has raised €2 million in a pre-seed financing round led by France’s leading impact seed fund, Asterion Ventures, with participation from Bpifrance. With the new capital, the Paris-based startup will expand its technical and business teams and transition to the scale-up phase. In addition, it will gear up to launch its first product: a texturized ingredient for plant-based meat that is said to offer a meat-like texture, grilled umami flavor profile, plus 30% protein, naturally and without additives. Edonia shared: “We are proud to complete this pre-seed financing round with Asterion Ventures, France’s leading impact seed fund. Thanks to the financial support from Bpifrance, which complements this equity round, we are perfectly positioned …