Tech Company Financing Transactions
Solar Foods Funding Round
On 6/17/2026, Solar Foods received $88.5 million in funding from European Commission.
Transaction Overview
Company Name
Announced On
6/17/2026
Transaction Type
Debt
Amount
$88,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The grant will be used for the implementation and ramp-up of Factory 02 in co-operation with strategic partners, as well as Solein's large-scale commercialisation and the development of scalable business solutions and the expertise generated in the project.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
Laserkatu 6
Lappeenranta, 53850
Finland
Lappeenranta, 53850
Finland
Phone
Undisclosed
Website
Email Address
Overview
Operator of a natural protein production technology company intended to use air and electricity to be used specifically for food production purposes. The company's protein is developed with a method that is not dependent on agriculture, the weather, or the climate, enabling clients to receive sustainable and pure single-cell protein from carbon dioxide using renewable electricity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Pasi Vainikka
Chief Operating Officer
Tiia Kuusimäki
Chief Technical Officer
Juha-Pekka Pitkänen
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We report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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