BUSINESS FINLAND GREENLIGHTS SOLAR FOODS’ €8.6M PROJECT ...1 Dec 2020 12:32
Solar Foods has been granted €4.3M of new financing from Business Finland to support its €8.6M development project for commercialising Solein®, Solar Foods’ natural protein made from air. Business Finland’s financing takes the total Solar Foods’ financing to the total €24.8M.
“As a company, we have two important tasks ahead of us: finalising the development of Solein to become market-ready and constructing our demonstration factory. Ever since the founding of Solar Foods, we have enjoyed fruitful cooperation with Business Finland. We are extremely happy about Business Finland’s follow-on capability during the growth of companies like us”, says Solar Foods CEO and co-founder, Dr Pasi Vainikka.
“Solar Foods is a fine example of a startup that Business Finland’s services and financing can support in the company’s international growth. When vision, innovation, the right team, and resources all play in tandem, Business Finland can give a significant boost to the growth story of a company”, says Kari Venäläinen, Account Manager at Business Finland.
Business Finland supports the development of the world’s first food produced from thin air...
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https://solarfoods.fi/our-news/business-finland-greenlights-solar-foods-e8-6m-project/