Pre-seed · Foodtech
Edonia raises €2m pre-seed for microalgae ingredients
Asterion Ventures led the April 2024 equity round, joined by angels from its investor community.
Edonia planned to expand its technical and commercial teams, establish an industrial pilot and launch its first ingredient. The company also received complementary financial support from Bpifrance.
The French startup turns microalgae into textured protein ingredients for food manufacturers. Its initial development focused on an alternative to minced meat that could fit into existing recipes and production processes.
Use of funds
Expand technical and commercial teams
Build an industrial pilot
Launch the first microalgae-based ingredient
Funding history
Pre-seed · This round€2M