AuraLIP Closes First Funding Round for Fermented Hemp Seed Ingredients
French startup AuraLIP, a producer of fermented hemp seed-based ingredients, has announced the completion of its first funding round. The round saw participation from BADGE Business Angels des Grandes Écoles, YES Invest, Food Planet (Yves Schladenhaufen), Femmes Business Angels, FFBB Management (Pierre-Yves Divet), Emmanuel Vasseneix, Cédric Le Rochais, and Jean-Thibault Geerts. The funding will be used to accelerate the development of AuraLIP’s Low Impact Protein, create jobs, and expand internationally. AuraLIP’s hemp seed fermentation technique is said to naturally enhance texture and umami flavor through a fast, sustainable, and easily scalable process. It can also be used to valorize industrial by-products. The resulting ingredients are said to have good nutritional claims, providing a source of protein and omega-3 fatty acids. They have relatively short ingredient …