2 years ago

Clean Food Group Raises €2.7 Million to Scale Sustainable Oils and Fats Technology

  • Clean Food Group, a UK-based foodtech startup, has secured an additional €2.7 million in funding to accelerate the commercialization of its sustainable oils and fats technology

  • The funding comes from Doehler Group, Alianza Team, Agronomics, and SEED Innovations Ltd

  • The investment will be used to scale up the company's technology platform, advance regulatory and commercial pathways, and build a commercial-scale manufacturing facility

  • Clean Food Group expects to complete a Series A funding in 2024, by which time the business will have validated the technology at a commercial scale and have a clear line of sight to near-term revenue generation.

      • ProblemFood & Beverage

      "The food industry relies heavily on unsustainable oils and fats, leading to environmental damage and supply chain vulnerabilities."

      Solution

      "Clean Food Group provides a sustainable alternative to traditional oils and fats by using fermentation technology and food waste to create these ingredients, reducing reliance on unsustainable sources."

      Covered on