MOA Foodtech Raises Funds to Scale AI-Driven Production of Highly Nutritious Microbial Proteins
Spain’s MOA Foodtech, a B2B platform for alternative proteins and sustainable ingredients, announces the closure of a Series A funding round led by the Dutch venture capital firm ICOS Capital. Notable investors ClaveMayor, Viscofan, SODENA, and Banco Sabadell also participated. Founded in 2021 in Pamplona, Navarra by Susana Sánchez (CSO), José María Elorza (CFO), and Bosco Emparanza (CEO), MOA Foodtech leverages precision fermentation, agrifood side streams, and AI to discover and deliver carbon-efficient microbial proteins and functional ingredients for the F&B industry. The financial boost aims to facilitate a comprehensive market launch targeting international customers. To do so, the company will expand its operations, including developing a commercialization strategy, production scale-up, and enhancing its AI platform, aiming to position itself at the forefront of sustainable …