Quotes from Vegconomist, December 5, 2023
€4.8 million was raised by Dutch fermentation startup Farmless to produce functional proteins for the F&B industry without climate dependence, animal exploitation, or land use.
It has been claimed that the company’s proteins offer a full complement of amino acids, making them a strong contender in terms of nutritional value compared to beef. According to a statement from the company, they have stated that these alternatives are suitable for a variety of applications, such as meat, dairy, and eggs.
World Fund and Vorwerk Ventures took the lead in co-leading the seed round, with participation from Revent. Farmless intends to utilize new funds to establish a pilot brewery in Amsterdam, advance its fermentation platform, and proceed with regulatory approvals for novel foods.
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