EIT Meals reveals new cohort of impactful agrifood startups
The chosen startups cowl a spread of innovation areas together with sustainable agriculture and sustainable aquaculture.
EIT Meals is supported by the EU physique, the European Institute of Innovation and Expertise (EIT).
EIT Meals mentioned over 500 startups from the EU and its related international locations have been evaluated on-line by specialists from the agrifood {industry}. In April, the highest 120 corporations superior to a second analysis spherical, the place the shortlisted startups have been invited to current their resolution in entrance of an analysis panel throughout a expertise deep dive session, ensuing within the collection of the 61 most promising ventures.
“These startups have gone by a rigorous and complete overview course of to evaluate their progressive potential, industrial viability and optimistic affect on our meals system,” mentioned Marie Russier, EIT FAN operations supervisor.
Some 25% of the purposes got here from feminine founders, she added. “It is nice to see this proportion rising annually.”
Feed {industry} focus
By way of innovators with feed {industry} relevance, Germany primarily based MicroHarvest is a biotech utilizing micro organism to supply protein. The corporate claims it does so in a lot sooner than present approaches. The one cell protein (SCP) and its derivatives that outcome can be utilized alongside the entire protein worth chain – starting from animal feed to direct software in meals and pet meals.
Norway’s GreenTech Innovators has developed a pre-treatment technique for meals waste utilizing biotechnology to enhance utilization of carbohydrates and manufacturing of a development media for fermentation to single cell protein and algae for use as feed in aquaculture.
UK primarily based INSPRO makes use of bugs, Black Soldier Fly Larvae (BSFL), to bio convert meals waste and by-products into animal feed.
Sustainable fish farming
Seeking to firms centered on sustainable aquaculture innovation and France headquartered, LISAqua, claims it has provide you with a course of to supply shrimp with out antibiotics, with out polluting discharge, in land-based indoor aquaculture farms.
MonitorFish, a startup from Germany, has developed a digital aquaculture assistant designed to empower higher decision-making to safe the way forward for fish farming. The corporate mentioned the instrument guides the fish farmers to realize their optimum development technique whereas guaranteeing a more healthy fish inhabitants with much less reliance on chemical substances and antibiotics.
How this system works
The 61 startups chosen for the EIT FAN 2022 might be unfold throughout six program places operating in parallel: Munich (Germany), Haifa (Israel), Paris (France), Bilbao (Spain), Helsinki (Finland) and Cambridge/Studying (UK). ).
A matchmaking course of connects startups with industry-leading company and analysis companions. As well as, the chosen startups profit from EIT FAN’s curriculum and unparalleled community. The curriculum was created by educational and {industry} agrifood leaders to make sure the collaborating startups will transition from early stage to impactful innovators.
Christoph Mandl, head of company venturing at EIT Meals, mentioned: “By the tip of this 12 months’s program, we count on a brand new file variety of startups and established firms to enter into partnerships, for instance within the type of co-development actions, pilot initiatives, and/or industrial agreements.”
