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Revo Foods and Paleo announce €2.2m partnership to develop plant-based salmon alternatives

Oct 31, 2024over 1 year ago

Contract Type

partnership

AustriaBiotechnologyFood and BeverageFood Processing

Description

Revo Foods and Paleo have announced a new partnership, backed by €2.2m in EU funding, to develop plant-based salmon alternatives containing precision-fermented myoglobin. The partnership aims to integrate Paleo's myoglobin ingredient designed to mimic salmon into Revo’s existing product, 'The Filet,' using 3D structuring technology.

Company Information

Company

Revo Foods and Paleo

Location

Austria

About

Revo Foods is a European food-tech start-up based in Vienna, Austria, that produces vegan seafood alternatives using proprietary 3D structuring technology. Paleo is a Belgian food-tech company specializing in animal-free fermentation process to produce precision-fermented myoglobin for plant-based meat alternatives.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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