ProteinDistillery, pioneering in the development of plant-based and clean-label protein ingredients, is thrilled to announce the successful closure of its seed funding round, raising over €15 million. This significant financial milestone will accelerate the company’s mission to innovate the food industry, driving forward with groundbreaking solutions for nutrition and market entry strategies.
ProteinDistillery, leveraging cutting-edge technology, is on a mission to redefine protein ingredients by tapping into the power of nature. The seed funding will enable the company to empower food companies with authentic alternatives to animal-based foods, providing them with the necessary tools and ingredients in ample quantities. Plans include company growth, market entry, forming crucial partnerships in the food industry, and launching Europe’s first protein-competence center in Heilbronn, Southern Germany.
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Backed by Visionary Investors and Industry Partners
The investment round was led by the Berlin-based Green Generation Fund, a leading Impact VC in FoodTech, and the Startup Family Office, closely connected to the German Mittelstand in Southern Germany. Support also came from industry-aligned Business Angels, including Wendelin Wiedeking, and financial agreements through Sparkasse Esslingen-Nürtingen, along with governmental support, showcasing a strong backing for ProteinDistillery’s vision.
Prew:tein™ – A Sustainable Protein Revolution
At the heart of ProteinDistillery’s innovation is Prew:tein™, a patent-pending, highly functional plant-based protein ingredient made from upcycled brewer’s yeast. This clean-label alternative to egg whites is poised to disrupt the market for functional ingredients, offering exceptional nutritional and functional properties for a wide range of food applications.
Looking Ahead: Scaling Up for Global Impact
With the seed funding, ProteinDistillery is set to scale up its operations, aiming to establish an industrial-scale production facility capable of producing several thousand tons of protein annually. This step is crucial for enhancing Germany’s biotechnology sector and promoting a sustainable, healthier, and environmentally friendly food system.
ProteinDistillery extends its gratitude to its investors, partners, and team, whose support has been instrumental in reaching this pivotal moment. The company is poised to continue its journey towards sustainably feeding the world’s population, inviting others to join in its mission of innovation and sustainability.
