Estonian Food Tech Startup Äio Secures €6M to Transform Wood into Eco-Friendly Oils
Tuesday, 24 September 2024, 00:09
Estonian Food Tech Startup's Breakthrough
Estonian food tech startup Äio has successfully secured €6 million in funding to develop a unique process that transforms wood into eco-friendly oils. This innovative approach not only utilizes agricultural residues but also aims to reduce environmental impact.
Investment Details
- Amount Secured: €6 million
- Focus: Eco-friendly production of oils and fats
- Goal: Position Äio as a leader in sustainable food technology
Impact on the Green Economy
This funding is expected to play a vital role in promoting sustainable practices within the food tech industry, contributing to a greener economy and paving the way for future innovations.
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