Bioscience startup Protera has raised $10 million in its Series A funding round. The round was led by Sofinnova Partners, with participation from Bimbo Group and ICL Planet.
Farmless Raises €4.8M to Develop Fermented Proteins for the Most Sustainable Meat, Dairy, and Egg Alternatives
Dutch fermentation startup Farmless announced that it has raised €4.8 million to produce functional proteins for the F&B industry without relying on the climate, exploiting animals, or using the land. The company’s proteins are said to provide a complete amino acid profile, competing with the nutritional value of beef. They suit multiple applications, including meat, dairy, and egg alternatives, said the company in a statement. The seed round was co-led by World Fund and Vorwerk Ventures, with participation from previous investor Revent. With new funds, Farmless will build a pilot brewery in Amsterdam, further develop its fermentation platform, and continue the regulatory approval process for novel foods. Adnan Oner, founder and CEO of Farmless, commented: “If we unlock the protein producing powers of the microbial kingdoms …