Edonia raises €15 million to expand its microalgae-based ingredient business, led by SWEN Blue Ocean 2, Asterion Ventures, EIT Food, and Bpifrance.
PRIVATEOct 06, 2026
Amount Raised
€15 Million
Round Type
Venture
ParisBiotechnologyFood and Beverage
Investors
BpifranceEit FoodAsterion VenturesSWEN Blue Ocean 2
Description
French FoodTech startup Edonia has raised €15 million for the commercial use of its ready-to-eat protein ingredients derived from microalgae. The funding round was led by SWEN Blue Ocean 2, Asterion Ventures, EIT Food, and Bpifrance. With this investment, Edonia aims to scale its production and supply to food manufacturers across Europe, Japan, and the US. This follows a previous €2 million round in 2024.
Company Information
Company
Edonia
Location
Paris, Ile De France, France
About
Edonia is a Paris-based startup working on creating protein ingredients using microalgae. The company is focused on producing plant-based ingredients from microalgae biomass generated from spirulina or chlorella, which is claimed to be more nutritious than meat.
Fundz sees it the moment Edonia raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
ParisBiotechnologyFood and Beverage