Belgian food-tech startup Paleo raises $2.3M led by Beyond Impact to advance animal-free myoglobin toward US regulatory approval.
Amount Raised
$2.3 Million
Round Type
Seed
AustriaBiotechnologyFood and BeverageFood ProcessingInvestors
Description
Paleo, a Belgian food-tech startup, has raised €2 million ($2.3 million) in funding led by Beyond Impact. The capital will support regulatory submissions in North America, customer trials, and formulation work for its precision fermentation-produced myoglobin. The company has achieved a 613-fold reduction in production costs over two years. Myoglobin is an iron-rich protein critical to meat's color and flavor that Paleo recreates without animals using yeast fermentation.
Who else raised in Food and Beverage and Food Processing around the same time
Companies in the same sectors as Revo Foods and Paleo that raised within 45 days of this round, from Fundz verified event records.
- MicroLub raised $10M on September 17, 2026.
- Endovia Health Sciences, Inc. raised $108K (Funding Round) on August 28, 2026.
- MAASH raised $14M on August 25, 2026.
- Plantible Foods Inc. raised $10M on August 6, 2026.
- Arboreal Bioinnovations Private Limited raised $24M (Series A) on July 31, 2026.
- Arboreal raised $24M (Series A) on July 31, 2026.
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