Foodtech Startup Edonia Secures €2 Mn From Asterion Ventures

The company will be able to expand its R&D and industrialise its technology thanks to this round, which is being headed by Asterion Ventures and supported by BPI funds.

“At a time of climate emergency, when 34% of greenhouse gas emissions are generated by our food, the greening of our plates needs to accelerate. Microalgae, known for their nutritional and ecological virtues, can be a real tool for food industry professionals in this respect. But it has to taste good! That’s what we’re offering: delicious protein ingredients, that are hyper-nutritious, with very little processing or pollutants,” said Hugo Valentin, CEO of Edonia. 

By 2050, aquaculture based on algae may provide all of the protein required by humans while also providing major environmental advantages. After a successful European launch, the firm hopes to swiftly form strategic alliances and spread to other continents.

About Edonia

Edonia has developed an innovative technology called Edonization that turns microalgae into a clean, nutrient-packed ingredient for a new generation.