Solar Foods is advancing VTT and LUT research as the basis for a wheat flour-like food protein product fermented using water, electricity and CO2.
Solar Foods, a Finland-based food protein developer based on research from VTT Technical Research Centre of Finland and Lappeenranta University of Technology (LUT), has received €2m ($2.5m) in a round backed by VTT Ventures, the investment arm of VTT.
The round, led by venture firm Lifeline Ventures, also featured LUT-founded cleantech seed fund Green Campus Innovations.
Founded in 2017, Solar Foods is commercialising a single-cell food protein that can be fermented using a combination of water, electricity and…