Finland based startup, eniferBio, has generated €11m (US$12.05m) in a series A funding round, led by Dutch aquaculture investment fund, Aqua-Spark, with Tesi, Valio, Voima Ventures and Nordic Foodtech VC also participating.
Raisio has sold its fish feed business to a subsidiary of Finnforel Oy. The other shareholders of the new company are Alltech and the Finnish Heino Group.
Valio, the international dairy ingredients company, is continuing to focus on its green credentials by developing an eco-friendly way of breaking down methane in barn air.
Denmark headquartered agribusiness group, DLG, and global animal health and nutrition player, Alltech, are partnering again, this time to purchase Finnish company, Kärki-Agri, following on from their collaboration in Russia.
Finnish researchers are using industrial side streams – from the forestry sector or the bioethanol industry - that contain renewable carbon sources to produce Pekilo mycoprotein, a form of single cell protein (SCP) derived from fungi.
