NoPalm Ingredients raised €5M in a seed funding round led by Rubio Impact Ventures and co-led by Oost NL, Fairtree Elevant Ventures, and family office Willow Capital Investments to produce sustainable palm oil alternative.
Amount Raised
€5 Million
Round Type
Seed
WageningenBiotechnologyInvestors
Description
Dutch startup NoPalm Ingredients, a biotech startup producing yeast oils, has secured €5 million in seed funding to accelerate the company’s mission to provide a local, circular, and sustainable solution for the global palm oil market. The round was led by Rubio Impact Ventures and co-led by Oost NL, Fairtree Elevant Ventures, and family office Willow Capital Investments.
Quick answer
NoPalm Ingredients raised €5 Million in a Seed round, dated July 24, 2024. Investors: The Netherlands Enterprise Agency (Rvo), Willow Capital Investments, Fairtree Elevant Ventures, Oost NL and Rubio Impact Ventures. NoPalm Ingredients is based in Wageningen, Gelderland, Netherlands.
- How much did NoPalm Ingredients raise?
- NoPalm Ingredients raised €5 Million in a Seed round on July 24, 2024.
- Who invested in NoPalm Ingredients?
- The Netherlands Enterprise Agency (Rvo), Willow Capital Investments, Fairtree Elevant Ventures, Oost NL and Rubio Impact Ventures are named as investors in this round.
- What does NoPalm Ingredients do?
- NoPalm Ingredients employs a unique fermentation process using non-GMO proprietary yeasts combined with a patented low-capex technology.
- Where is NoPalm Ingredients based and how big is it?
- NoPalm Ingredients is based in Wageningen, Gelderland, Netherlands.
- Who are the decision-makers at NoPalm Ingredients?
- Fundz holds 1 contact at NoPalm Ingredients. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology around the same time
Companies in the same sectors as NoPalm Ingredients that raised within 45 days of this round, from Fundz verified event records.
- Starling Medical raised $8.9M on September 6, 2024.
- CALVIRI INC raised $150K (Seed) on September 6, 2024.
- TippingPoint Biosciences raised an undisclosed amount (Pre-Seed) on September 5, 2024.
- HDAX Therapeutics raised $3.2M (Seed) on September 5, 2024.
- CytoTronics raised $14M (Seed) on September 5, 2024.
- HEPTA Medical raised $6.3M (Series A) on September 4, 2024.
Who to call at NoPalm Ingredients, and when
A new round usually means NoPalm Ingredients is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day NoPalm Ingredients raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at NoPalm Ingredients, from your own LinkedIn network
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