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Solar Foods

Solar Foods

A food technology company, based in Finland and founded in 2017, that has a process to electrolyze water for production of hydrogen in a system to feed bacteria to produce an edible protein food product with a low environmental impact. Their technology is being developed for space travel and future food production on Mars.

OverviewStructured DataIssuesContributors

Contents

solarfoods.fi
solarfoods.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Alternative proteins
Alternative proteins
Health technology
Health technology
Food
Food
Food technology
Food technology
Clean technology
Clean technology
Biotechnology
Biotechnology
...
Location
Finland
Finland
Helsinki
Helsinki
B2X
B2B
B2B
CEO
Pasi Vainikka
Pasi Vainikka
Founder
Pasi Vainikka
Pasi Vainikka
Juha-Pekka Pitkänen
Juha-Pekka Pitkänen
Pitchbook URL
pitchbook.com/profiles...227996-92
Legal Name
Solar Foods Oy
Date Incorporated
2017
Spun Out From
VTT
VTT
Number of Employees (Ranges)
11 – 500
Email Address
info@solarfoods.fi
Full Address
Laserkatu 6 South Karelia 53850 Lappeenranta Finland
Investors
VTT Ventures
VTT Ventures
Finnish Climate Fund
Finnish Climate Fund
Fazer
Fazer
Green Campus Innovations Oy
Green Campus Innovations Oy
Lifeline Ventures
Lifeline Ventures
Business Finland
Business Finland
Founded Date
2017
Total Funding Amount (USD)
44,760,000
Latest Funding Round Date
2021
Also Known As
SolarFoods
Solein
Latest Funding Type
Series A
Series A
Country
Finland
Finland
Headquarters
Helsinki
Helsinki

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
12,200,000
Wikidata ID
Q66803843

Solar Foods aims to develop a vegan protein food product with an environmental impact 10-100 times less than those of meat products and meat substitutes on the market. ​Their bioprocess is called Solein. Solar Foods partnered with the European Space Agency to work on food production for space flights and for food production on Mars in the future. Solar Foods has received 2 million euros in funding and commercial production its protein product is planned for 2021. The company's small steel bioreactor tank resembles the replicator seen on Star Trek.

The Solar Foods production process is based on research from VTT Technical Research Centre of Finland and the Lappeenranta University of Technology (LUT). Air and electricity are the main ingredients. Using solar power, water is electrolyzed to make hydrogen. Hydrogen, carbon dioxide and minerals are combined and fed to microbes which make protein. Then a protein powder is created by heat-treating the microbes.

Solar Foods’ microbial cells have a protein content of up to 60 percent and amino acid composition similar to soybeans or algae. The heat-treated powder will be similar in appearance and texture to dried milk and could be used to enrich foods such as bread or pasta.

The company has a pilot plant near Helsinki that is intended as a precursor to commercial-scale operations. Human and animal testing by the European Food Authority (EFA) will be required. A full-scale plant would be similar to a brewery, except without the need for land use because unlike a brewery, no plant materials go into it. The Solein bioprocess is also claimed to use a fraction of the water compared to conventional protein production.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Solar Foods - Cellular Farming For A Better Future

https://youtu.be/T2cmbNSNC0w

Web

March 22, 2021

Will it cook? Testing ravioli made with Solein - a protein out of thin air

https://youtu.be/6p8pEbt7kjE

Web

February 1, 2022

References

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