eniferBio logo — Enifer Bio produces sustainable, protein-rich fish feed usin...

eniferBio

Enifer Bio produces sustainable, protein-rich fish feed using by-products, reducing reliance on ecological-challenging soy.

Founded 2019 Finland Finland 11-50 employees Series B Total: $48.00M Biotechnology, Food and Beverage +1

General Information

Company Name eniferBio
Founded Year 2019
Location Finland Finland +1
Employees 11-50
Industries Biotechnology, Food and Beverage, Life Sciences
Funding Stage Series B
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About eniferBio

Enifer Bio is a Finnish biotechnology startup that has garnered attention for its innovative approach to producing sustainable, protein-rich fish feed using by-products. Founded in 2019, the company has positioned itself as a pioneer in the field, leveraging its extensive expertise in biorefining operations to extract maximum value from formerly underutilized streams. This approach serves to reduce reliance on ecologically challenging soy-based feed, a significant contributor to environmental degradation due to factors such as deforestation in South America. Enifer Bio's groundbreaking production technique allows for the extraction of high-quality raw material from fish by-products, subsequently transforming it into single-cell protein suitable for fish feed. This development serves as a viable alternative to soy-based feed, addressing the environmental concerns associated with traditional feed sources. Notably, the company secured a significant grant investment of €12.00M from NextGenerationEU on 10 January 2024, underscoring the growing interest and support for sustainable solutions within the biotechnology sector. In light of the increasing emphasis on sustainability and environmental responsibility across industries, Enifer Bio's strides in creating eco-friendly alternatives to conventional fish feed align with the evolving market demands. With its headquarters in Finland, the company's efforts stand at the forefront of addressing ecological challenges while meeting the growing protein requirements of the aquaculture industry. Overall, Enifer Bio's innovative approach and recent investment signify its potential to drive meaningful change within the biotechnology landscape.

Taxonomy: Sustainable feed production, Protein-rich feed, Fish by-products, Biorefining, Soy alternative, Environmental impact, Single-cell protein, Value extraction, Finnish expertise, Raw material production, Innovative production process

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing €9.00M 2 23 May 2024
Series B €15.00M 4 Valio, Taaleri Bioindustry 23 May 2024
Grant €12.00M 1 10 Jan 2024
Series A €11.00M 5 Valio 18 Apr 2023
Non Equity Assistance Unknown 1 SPACE-F 05 Nov 2021

View All 6 Funding Rounds

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FAQ About eniferBio

Enifer Bio produces sustainable, protein-rich fish feed using by-products, reducing reliance on ecological-challenging soy.
eniferBio was founded in 2019.
eniferBio is headquartered in Finland.
eniferBio operates in the following industries: Biotechnology, Food and Beverage, Life Sciences.
eniferBio has approximately 11-50 employees.
eniferBio has completed 6 funding rounds, raising a total of $48.00M. The latest funding stage is Series B.
Top alternatives and competitors to eniferBio include AquiNovo, Ltd. , Byprotex, Magalarva, Vivotein , Pelagia. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
eniferBio and AquiNovo, Ltd. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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