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Enifer

Finnish biotech company Enifer announces that it has applied for regulatory approval from the European Food Safety Authority (EFSA) to sell its flagship ingredient, PEKILO, in the EU market.

© Iiro Muttilainen
Fungi, Mushrooms & Mycelium

Enifer Breaks New Ground as First Nordic Firm to Seek Novel Food Approval for Mycoprotein

Finnish biotech company Enifer announces that it has applied for regulatory approval from the European Food Safety Authority (EFSA) to sell its flagship ingredient, PEKILO, in the EU. The company claims to be the first Nordic company to apply for a mycoprotein under novel foods. This regulatory step marks a significant milestone in the company’s commercialization efforts, which recently secured funding to build a €33 million production facility, scheduled for …

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Onego Bio_Bioalbumen whisk

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Investments & Finance

Finnish Alternative Protein Firms Secure €10M for Collaborative R&D Projects From Business Finland

Business Finland has granted two Finnish projects — FoodID and FinBioFAB — 10 million euros in R&D funding to create alternative proteins and materials through research collaboration. The Finnish projects were accepted into the Global Centers program led by the US National Science Foundation (NSF), operated jointly by six countries aiming for breakthrough solutions to global challenges. This year’s funding call focused on the bioeconomy, with the main themes being biofoundries …

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Investments & Finance

Investment Climate Podcast: Simo Ellilä of Enifer – How to Get Funded in 2024

In this podcast series, co-produced by vegconomist, Alex Shandrovsky interviews investors about benchmarks for funding Alt Proteins in 2024 and uncovers the investment playbooks of successful Climate Tech CEOs and Leading VCs. Podcast Host Alex Shandrovksy is a strategic advisor to numerous global food tech accelerators and companies, including alternative proteins and cellular agriculture leaders. His focus is on investor relations and post-raise scale for agrifood tech companies. Episode 12: …

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Enifer mycoprotein facility

© Enifer
Investments & Finance

Enifer Raises €36M for Mycoprotein Facility Producing “The Missing Ingredient for a Sustainable Food Chain”

Finland’s Enifer has secured enough funding to begin the construction of a mycoprotein facility that will upcycle food industry sidestreams into fungi-based protein ingredients. The facility will cultivate up to 3,000 tons of Enifer’s proprietary mycoprotein, PEKILO®, every year; this is said to be enough to meet the annual protein needs of around 40,000 people. According to the company, the plant will be the first worldwide to produce this type …

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