52
Melt&Marble Funding
Melt&Marble secures €10 million funding
Melt&Marble / Sweden / Melt&Marble /

Story Stats

Status
Active
Duration
14 hours
Virality
3.4
Articles
5

The Breakdown 6

  • Swedish biotech startup Melt&Marble is revolutionizing the food and personal care industries with its innovative production of animal-free designer fats through precision fermentation technology.
  • The company has successfully raised a total of €10 million, including €7.3 million in a recent Series A funding round led by prominent investors like Industrifonden and the European Innovation Council.
  • This significant funding boost will allow Melt&Marble to scale its production and bring its sustainable fats to market, with plans to launch commercial ingredients by 2026.
  • Emphasizing environmentally friendly practices, Melt&Marble is committed to providing sustainable alternatives to conventional oils and fats.
  • The surge in interest and investment in alternative fats underscores a growing trend toward plant-based solutions in both the food and beauty sectors.
  • Melt&Marble's advancements reflect a broader shift in biotechnology, showcasing the potential for innovative startups to lead the charge in sustainable production and consumption.

Top Keywords

Melt&Marble / Industrifonden / EIC Fund / Beiersdorf / Valio / Chalmers Ventures / Catalyze Capital / Sweden / Melt&Marble / Industrifonden / European Innovation Council / Beiersdorf / Valio / Chalmers Ventures / Catalyze Capital / EIC Accelerator /

Further Learning

What is precision fermentation?

Precision fermentation is a biotechnological process that uses microorganisms to produce specific compounds, such as fats or proteins, through fermentation. This method allows for the creation of animal-free ingredients that can mimic the properties of traditional animal-derived products. By controlling the fermentation conditions and the strains of microorganisms used, companies can tailor the output to meet specific needs, such as flavor, texture, or nutritional content.

How does Melt&Marble's technology work?

Melt&Marble employs precision fermentation to create designer fats that are sustainable and animal-free. The process involves genetically engineered microorganisms that ferment sugars to produce lipids resembling those found in animal fats. This technology enables the production of fats with specific characteristics suitable for use in food and personal care products, offering an alternative to conventional oils and fats.

What are designer fats?

Designer fats are specially formulated lipids created through innovative processes like precision fermentation. These fats are engineered to replicate the texture, flavor, and functional properties of traditional animal fats while being sustainable and cruelty-free. They can be used in various applications, including food products and cosmetics, providing an environmentally friendly alternative to conventional fats.

Who are Melt&Marble's main competitors?

Melt&Marble operates in a growing market of alternative fats and proteins, facing competition from other biotech firms and startups such as Perfect Day, which focuses on dairy proteins, and Eat Just, known for its plant-based egg alternatives. Additionally, larger food companies are increasingly investing in similar technologies, intensifying competition in the sustainable fats sector.

What impact does funding have on startups?

Funding is crucial for startups as it provides the necessary resources to develop products, scale operations, and enter the market. For Melt&Marble, securing €7.3 million in Series A funding allows the company to expand its production capabilities and accelerate product development. This financial backing also signals confidence from investors, which can attract further investment and partnerships.

Why is animal-free fat important?

Animal-free fats are important for several reasons, including ethical considerations, environmental sustainability, and health benefits. They reduce reliance on animal agriculture, which is associated with high greenhouse gas emissions and land use. Additionally, animal-free fats can cater to the growing demand for vegan and vegetarian products, appealing to health-conscious consumers seeking alternatives to traditional fats.

What trends are shaping the food tech industry?

The food tech industry is increasingly influenced by trends such as sustainability, health consciousness, and innovation in food production. Consumers are seeking plant-based and environmentally friendly products, driving companies like Melt&Marble to develop alternatives to animal-derived ingredients. Additionally, advancements in biotechnology and fermentation processes are facilitating the creation of novel food products that meet these consumer demands.

How do sustainable fats benefit consumers?

Sustainable fats benefit consumers by providing healthier alternatives to traditional fats, often with reduced saturated fat content and improved nutritional profiles. They also cater to ethical consumerism, as they are produced without animal exploitation. Furthermore, these fats can enhance food products by offering unique flavors and textures, aligning with the growing demand for innovative and environmentally responsible food options.

What role do investors play in biotech?

Investors play a vital role in biotech by providing the capital necessary for research, development, and commercialization of new technologies. In the case of Melt&Marble, investors such as Industrifonden and the European Innovation Council support the company's growth and innovation efforts. Their involvement not only provides financial resources but also strategic guidance and networking opportunities that can enhance a startup's chances of success.

What are the potential uses of designer fats?

Designer fats have a wide range of potential uses in both food and personal care products. In the food industry, they can be used as substitutes for traditional fats in baked goods, snacks, and dairy products, offering improved health benefits and sustainability. In personal care, these fats can enhance the texture and moisturizing properties of skincare products, making them appealing to consumers looking for cruelty-free and environmentally friendly options.

You're all caught up