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alternative protein market news and market signals

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French FoodTech Edonia Secures, 15M to Scale Microalgae Production
StartupsBasic

French FoodTech Edonia Secures, 15M to Scale Microalgae Production

French startup Edonia has successfully closed a, 15 million funding round to accelerate the commercial deployment of its microalgae-based protein ingredients. This capital injection marks a significant expansion for the firm as it targets the B2B meat-alternative market with a product claiming a carbon footprint up to 27 times lower than traditional beef.

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