top of page

EvodiaBio Secures €7M Funding for Non-alcoholic Beer Aroma Tech

ial

Danish and international investment funds, such as EIFO and March Group, are contributing DKK 50 million to the Danish startup EvodiaBio. The new funding needs to be allocated to expansion as well as commercialization.



The foundation of EvodiaBio's technology is a brand-new, innovative, and environmentally friendly process for creating natural scents. It can lessen the usage of natural resources and CO2 emissions while enhancing the flavor of beer without alcohol. With the support of further funding, the business is committed to rising to the top of the world food sector rankings for sustainable fragrance development.

“We are incredibly proud to have achieved this milestone. This round of funding is an important step towards our vision to revolutionize the food industry with sustainable and innovative solutions. With the support of our investors and the strong team we have assembled, we are ready to take EvodiaBio to new heights and make a significant mark on the global stage.”siger Camilla Fenneberg, CEO of EvodiaBio.

Breweries are showing a lot of interest in the company, and the opportunities go beyond only the alcohol-free offerings. Fresh funding can help with commercialization and growth, and over time, EvodiaBio will enhance the flavor of many drinks and other food items.



Source: EvodiaBio

4 views

Comments


Commenting has been turned off.

Contact Us

Tel: +44 20 8832 7780

ial@brggroup.com

  • LinkedIn Social Icon
  • X

© Copyright 2024, BRG Enterprise Solutions Ltd. All Rights Reserved.

Newsletter Sign Up

Thank you for subscribing!

bottom of page