NoPalm Ingredients Secures €5M for Superior Fermented Oils Validated by Industry Giants
NoPalm Ingredients, a Dutch biotechnology company producing yeast-derived oils, has successfully closed a €5 million seed funding round touted as the largest funding ever for an alternative to palm oil in Europe. The round was led by Rubio Impact Ventures and co-led by Oost NL, Fairtree Elevant Ventures, and Willow Capital Investments, with participation from The Netherlands Enterprise Agency (RVO) and other private investors. The new capital will help the …