Nordic FoodTech VC, established in 2018 and headquartered in Helsinki, Finland, is a pioneering venture capital firm focused on investing in early-stage companies within the Nordic food technology sector. The firm supports innovative startups across Denmark, Faroe Islands, Finland, Iceland, Norway, and Sweden, contributing to the region's burgeoning food tech ecosystem.
Fiberdom develops sustainable materials from wood fibers, focusing on plastic-free solutions. The company offers a range of compostable cutlery designed for food service and take-away applications. These products are fully recyclable and comply with European regulations, making them suitable for environmentally conscious consumers. Fiberdom emphasizes innovation in transforming wood fibers into high-performance materials, contributing to sustainability efforts in various industries. The commitment to creating eco-friendly alternatives positions Fiberdom as a key player in the materials innovation sector.
Endless Food
Pre Seed Round in 2024
Endless Food Co is a food innovation firm focusing on the junction of pleasure and sustainability. Endless Food Co was pulled together by a common idea that the transition to a greener and more egalitarian future food system will be driven by flavor, and having spent the last decade pioneering sustainable gastronomy.
Happy Plant Protein
Pre Seed Round in 2024
Happy Plant Protein develops a plant protein technology.
ÄIO
Series A in 2024
ÄIO is a biotechnology company focused on developing innovative, plant-based microbial oils that serve as sustainable alternatives to traditional vegetable oils and animal fats. The company harnesses the capabilities of microorganisms to produce beneficial fatty acids, antioxidants, and pigments, ensuring the creation of healthy polyunsaturated fats. By utilizing low-value side streams in its fermentation processes, ÄIO aims to replace unsustainable ingredients such as palm oil and coconut oil, promoting environmentally friendly production and consumption. With a strong commitment to trustworthy innovation, ÄIO's work contributes to shaping a healthier future through its microbial lipid products.
EvodiaBio
Series A in 2024
EvodiaBio is a bio-industrial company based in Copenhagen that specializes in the development of natural and sustainable aromas for the food and beverage industries. Founded in 2021, the firm focuses on creating yeast-based products that serve as natural substitutes for traditional ingredients such as fresh hops, pellets, and hop oil. This innovation allows breweries to produce non-alcoholic beer without sacrificing flavor, thereby addressing the growing demand for high-quality, alcohol-free options in the beverage market.
Enifer
Series B in 2024
Enifer is a mycoprotein company focused on producing sustainable protein products through fungal fermentation. The company utilizes fish by-products as raw materials to create single-cell protein, which can serve as an environmentally friendly alternative to soy in fish feed. This innovative approach addresses ecological challenges associated with soy cultivation, such as deforestation in South America, while promoting a circular economy by transforming underutilized agricultural byproducts into valuable, nutritious feed. Enifer's products aim to enhance sustainability in fish farming and contribute to more responsible resource management in the agrifood industry.
NPHarvest
Seed Round in 2024
NPHarvest is a company with expertise in organic waste management, wastewater treatment, and nutrient recovery. NPHarvest is a research project aiming to enable efficient and profitable nitrogen recycling from waste flows to the fertilizer market, utilizing energy-efficient hydrophobic membrane stripping and ballasted sedimentation of phosphorus with lime.
Ironic Biotech
Pre Seed Round in 2024
Ironic Biotech is a biotech company that develops specific and effective remedies for iron deficiency and other health conditions.
Kuva Space
Series A in 2023
Kuva Space utilizes a constellation of nanosatellites equipped with hyperspectral imaging technology to provide critical data for managing natural resources and promoting sustainable economic growth. The company's GREEN DATA® platform leverages artificial intelligence to offer actionable insights that address significant global challenges such as climate change, disaster response, food demand, and safety. By enabling clients to monitor agricultural productivity, optimize land use, and make informed investment decisions, Kuva Space facilitates regional carbon sequestration measurement, aids in forest fire prevention, and detects gas leaks. Overall, Kuva Space aims to enhance life on Earth through advanced satellite technology and data-driven solutions.
PaRAS Aqua
Seed Round in 2023
PaRAS Aqua is an aquafarming company that offers solutions for various challenges in air-driven recirculating fish farming.
ÄIO
Series A in 2023
ÄIO is a biotechnology company focused on developing innovative, plant-based microbial oils that serve as sustainable alternatives to traditional vegetable oils and animal fats. The company harnesses the capabilities of microorganisms to produce beneficial fatty acids, antioxidants, and pigments, ensuring the creation of healthy polyunsaturated fats. By utilizing low-value side streams in its fermentation processes, ÄIO aims to replace unsustainable ingredients such as palm oil and coconut oil, promoting environmentally friendly production and consumption. With a strong commitment to trustworthy innovation, ÄIO's work contributes to shaping a healthier future through its microbial lipid products.
Enifer
Series A in 2023
Enifer is a mycoprotein company focused on producing sustainable protein products through fungal fermentation. The company utilizes fish by-products as raw materials to create single-cell protein, which can serve as an environmentally friendly alternative to soy in fish feed. This innovative approach addresses ecological challenges associated with soy cultivation, such as deforestation in South America, while promoting a circular economy by transforming underutilized agricultural byproducts into valuable, nutritious feed. Enifer's products aim to enhance sustainability in fish farming and contribute to more responsible resource management in the agrifood industry.
Chromologics
Seed Round in 2023
Chromologics is a Danish biotechnology company that specializes in the development of innovative natural food colorants. Originating as a spin-out from the Technical University of Denmark, the company utilizes a fermentation-derived platform to produce novel, sustainable color pigments. These colorants are designed to be stable across various pH levels and temperatures, making them suitable for a wide range of food applications. By offering a bio-based alternative to traditional colorants like carmine, Chromologics aims to support food producers in creating more natural products while enhancing the color of their offerings.
ÄIO
Seed Round in 2023
ÄIO is a biotechnology company focused on developing innovative, plant-based microbial oils that serve as sustainable alternatives to traditional vegetable oils and animal fats. The company harnesses the capabilities of microorganisms to produce beneficial fatty acids, antioxidants, and pigments, ensuring the creation of healthy polyunsaturated fats. By utilizing low-value side streams in its fermentation processes, ÄIO aims to replace unsustainable ingredients such as palm oil and coconut oil, promoting environmentally friendly production and consumption. With a strong commitment to trustworthy innovation, ÄIO's work contributes to shaping a healthier future through its microbial lipid products.
Nordic Umami Company
Seed Round in 2023
The emission-reduction benefits of shifting to plant-based eating are well documented. Yet many people are still deterred by the taste of plant-based food. Or rather, its lack of taste. Plant-based food is often missing exactly what people crave the most: umami. This is where we come in. We have developed a natural way of using food technology to create plant-based umami from plant food side products. In this way we also tackle another aspect of the food system that we believe needs to be fixed: wasting edible food.
EvodiaBio
Seed Round in 2022
EvodiaBio is a bio-industrial company based in Copenhagen that specializes in the development of natural and sustainable aromas for the food and beverage industries. Founded in 2021, the firm focuses on creating yeast-based products that serve as natural substitutes for traditional ingredients such as fresh hops, pellets, and hop oil. This innovation allows breweries to produce non-alcoholic beer without sacrificing flavor, thereby addressing the growing demand for high-quality, alcohol-free options in the beverage market.
Tracegrow
Venture Round in 2022
Tracegrow is a Finnish cleantech company focused on the circular economy, specializing in the extraction and purification of vital trace elements, specifically Zinc and Manganese, from alkaline batteries. This innovative technology enables the safe reuse of these micronutrients, creating ecological fertilizers for agricultural applications. By transforming waste materials into valuable resources, Tracegrow addresses two critical global issues: the environmental concerns associated with battery disposal and the micronutrient deficiencies in farmland. The company's approach promotes sustainable practices by minimizing the exploitation of the planet's limited resources, positioning Tracegrow as a leader in the development of environmentally friendly solutions for farming and industry.
RuokaBoksi
Venture Round in 2022
Ruokaboksi specializes in delivering healthy and easy-to-cook meal kits directly to customers' doorsteps. The company offers a service that allows clients to select their preferred recipes from its website, ensuring that they receive fresh ingredients tailored to their choices on a weekly basis. This approach not only simplifies meal preparation but also eliminates the need for customers to visit physical grocery stores, making it a convenient option for busy individuals seeking nutritious meals. By focusing on quality ingredients and customer preferences, Ruokaboksi aims to enhance the dining experience at home.
Melt&Marble
Seed Round in 2022
Melt&Marble is a plant-based industry enabler focused on producing alternative fats that enhance the taste and quality of plant-based foods. Utilizing precision fermentation, the company engineers microbial metabolism to create fats that mimic the structure and properties of traditional animal fats without the need for animals. By developing yeast cell factories through advanced bioengineering techniques, Melt&Marble enables food manufacturers to formulate plant-based products that are both healthy and flavorful, effectively bridging the gap between plant-based and animal-based food experiences.
Kuva Space
Funding Round in 2021
Kuva Space utilizes a constellation of nanosatellites equipped with hyperspectral imaging technology to provide critical data for managing natural resources and promoting sustainable economic growth. The company's GREEN DATA® platform leverages artificial intelligence to offer actionable insights that address significant global challenges such as climate change, disaster response, food demand, and safety. By enabling clients to monitor agricultural productivity, optimize land use, and make informed investment decisions, Kuva Space facilitates regional carbon sequestration measurement, aids in forest fire prevention, and detects gas leaks. Overall, Kuva Space aims to enhance life on Earth through advanced satellite technology and data-driven solutions.
Nordic Umami Company
Seed Round in 2021
The emission-reduction benefits of shifting to plant-based eating are well documented. Yet many people are still deterred by the taste of plant-based food. Or rather, its lack of taste. Plant-based food is often missing exactly what people crave the most: umami. This is where we come in. We have developed a natural way of using food technology to create plant-based umami from plant food side products. In this way we also tackle another aspect of the food system that we believe needs to be fixed: wasting edible food.
Kuva Space
Seed Round in 2021
Kuva Space utilizes a constellation of nanosatellites equipped with hyperspectral imaging technology to provide critical data for managing natural resources and promoting sustainable economic growth. The company's GREEN DATA® platform leverages artificial intelligence to offer actionable insights that address significant global challenges such as climate change, disaster response, food demand, and safety. By enabling clients to monitor agricultural productivity, optimize land use, and make informed investment decisions, Kuva Space facilitates regional carbon sequestration measurement, aids in forest fire prevention, and detects gas leaks. Overall, Kuva Space aims to enhance life on Earth through advanced satellite technology and data-driven solutions.
Chromologics
Seed Round in 2021
Chromologics is a Danish biotechnology company that specializes in the development of innovative natural food colorants. Originating as a spin-out from the Technical University of Denmark, the company utilizes a fermentation-derived platform to produce novel, sustainable color pigments. These colorants are designed to be stable across various pH levels and temperatures, making them suitable for a wide range of food applications. By offering a bio-based alternative to traditional colorants like carmine, Chromologics aims to support food producers in creating more natural products while enhancing the color of their offerings.
Hailia Oy
Seed Round in 2021
Hailia Oy is a food technology startup focused on the development and provision of fish products. The company specializes in creating nutritious and sustainable food options from under-utilized small fish from the Baltic Sea. Hailia aims to enhance the culinary appeal of these fish by offering innovative product development services that promote the consumption of domestic wild fish. In addition to fish products, Hailia provides fish food and wild fish food services, catering to both consumers and the fishing industry. Through its offerings, Hailia seeks to deliver tasty, healthy, and affordable food while supporting local vendors and fostering a sustainable fish business.
Melt&Marble
Seed Round in 2021
Melt&Marble is a plant-based industry enabler focused on producing alternative fats that enhance the taste and quality of plant-based foods. Utilizing precision fermentation, the company engineers microbial metabolism to create fats that mimic the structure and properties of traditional animal fats without the need for animals. By developing yeast cell factories through advanced bioengineering techniques, Melt&Marble enables food manufacturers to formulate plant-based products that are both healthy and flavorful, effectively bridging the gap between plant-based and animal-based food experiences.
Enifer
Seed Round in 2020
Enifer is a mycoprotein company focused on producing sustainable protein products through fungal fermentation. The company utilizes fish by-products as raw materials to create single-cell protein, which can serve as an environmentally friendly alternative to soy in fish feed. This innovative approach addresses ecological challenges associated with soy cultivation, such as deforestation in South America, while promoting a circular economy by transforming underutilized agricultural byproducts into valuable, nutritious feed. Enifer's products aim to enhance sustainability in fish farming and contribute to more responsible resource management in the agrifood industry.
Chromologics
Seed Round in 2020
Chromologics is a Danish biotechnology company that specializes in the development of innovative natural food colorants. Originating as a spin-out from the Technical University of Denmark, the company utilizes a fermentation-derived platform to produce novel, sustainable color pigments. These colorants are designed to be stable across various pH levels and temperatures, making them suitable for a wide range of food applications. By offering a bio-based alternative to traditional colorants like carmine, Chromologics aims to support food producers in creating more natural products while enhancing the color of their offerings.
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