Happy Plant Protein secures 1.8 million euros

Marc Nemitz Marc Nemitz | 12.11.2024

The start-up Happy Plant Protein offers a sustainable solution for plant-based proteins and secures 1.8 million euros. The new method reduces energy consumption and targets local producers worldwide

ESPOO, Finland, November 12, 2024 - Finnish foodtech startup Happy Plant Protein has received €1.8 million in a pre-seed funding round led by Nordic Foodtech VC with support from Butterfly Ventures and Business Finland. The funds will be used for the further development and global licensing of the patented technology, which enables the cost-effective and environmentally friendly production of plant proteins.

Innovation for plant protein production

The company, a spin-out of the VTT Technical Research Center of Finland, has developed an approach that facilitates the production of protein ingredients with a protein content of 70-80%. The method uses existing extrusion technologies and does not require extensive regulatory approvals. This allows food manufacturers to produce plant-based proteins cost-effectively and locally, eliminating dependence on foreign production facilities.

"There is an urgent need for sustainable methods for the production of high-quality proteins. Our technology significantly reduces production costs by using existing extruder lines and enables even small producers to produce plant-based proteins," explains Jari Karlsson, CEO of Happy Plant Protein.

High protein content with low energy consumption

The technology reduces energy consumption to a seventh of traditional processes, uses almost no water and requires no chemicals. By licensing the technology, Happy Plant Protein aims to promote sustainable and regional food production worldwide.


Like it? Please spread the word:


Newsletter

Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

FYI: English edition available

Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?

Go to English edition

FYI: Deutsche Edition verfügbar

Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?

Deutsche Edition öffnen

Similar posts