The Finnish foodtech startup Solar Foods produces nutrition from thin air. What sounds like science fiction is expected to be ready for the market by end of 2022, as the €8.6 million research project has now been greenlighted.
Solar Foods Signs €10M Investment Agreement for “Most Sustainable Protein in the World” Production
Solar Foods – the food tech creating protein “from thin air” – has received a €10 million investment boost from the Pharmacy Pension Fund of Finland. The agreement will see investment in the Solar Foods’ Factory 01 facility which will house the first commercial Solein production line. Solein is Solar Foods’ innovative single-cell protein, made out of microbes cultured with electricity and air-captured carbon dioxide. The company claims its fully natural fermentation process is similar to the production of yeast, resulting in the purest and most sustainable protein in the world. Solein production will be scaled up at the Factory 01 facility, with the company estimating that commercialization will begin during the first half of 2023. The €10 million investment agreement comes from the Pharmacy …