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Revo Foods & Paleo form partnership to develop vegan salmon alternative with EU funding
Oct 31, 2024•over 1 year ago
Contract Type
partnership
Description
Revo Foods and Paleo have announced a new partnership, funded by the European Union with a total project volume of €2.2M. The joint project aims to develop myoglobin for vegan salmon alternatives using precision fermentation technology and 3D structuring capability.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months