a year ago

Clean Food Group Secures €2.9 Million to Scale Sustainable Oil and Fat Production

  • Clean Food Group, a UK-based biotech company, has secured €2.9 million in funding from Clean Growth Fund

  • The funding will be used to accelerate the commercialization of Clean Food Group's sustainable oils and fats technology, which utilizes food waste to create alternatives to traditional oil and fat ingredients

  • The company's go-to-market product is an equivalent to high oleic palm oil, designed as a drop-in ingredient for various consumables

  • Clean Food Group's technology aims to reduce the reliance on palm oil production, which is a major driver of deforestation and CO₂ emissions.

      • ProblemFood Technology

      "Global food production contributes 25% of global greenhouse emissions, with high-yield monocultures leading to diseases, deforestation, and land exhaustion. Food waste, a nutrient source, represents 30% of global food production and is not currently recycled back into the food ecosystem."

      Solution

      "Clean Food Group uses proven yeast strains and fermentation technology to utilise food waste as a food source, delivering sustainable alternatives to traditional oil and fat ingredients, reducing greenhouse gases by 90% compared to traditional palm oil"

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