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Edonia raised €15 million (about $16.9 million) in an undisclosed stage round led by SWEN Blue Ocean 2 and Asterion Ventures and EIT Food and Bpifrance, announced Oct. 5.

Facts

Company
Edonia
Amount
€15 million (about $16.9 million)
Currency
EUR
Stage
Undisclosed stage
Announced
Oct 5, 2026
Instrument
Equity
FX rate
1 EUR = 1.1269 USD on Oct 5, 2026

Investors

Use of funds

Expand the commercial use of its microalgae-based ingredients, and bring them to food manufacturers and foodservice operators across Europe, Japan, and the US.

As stated by the company.

Sources

  1. 1.Up to 27 times lower carbon footprint than beef – Edonia raises €15 million for their meat-alternative — EU-Startups, Oct 6, 2026

Public sources — Collected from public sources, not yet cross-checked.Last verified Oct 15, 2026