Dutch and Swiss-based revyve, a company that produces simple, sustainable ingredients from circularly sourced microbial biomass like brewer’s yeast, announced that it has secured €8M in funding.
The investment came from Cosun and Oost NL, to help revyve promote the development and manufacturing of sustainable, upcycled, and local ingredients from food industry byproducts.
Oost NL invests through the Perspectieffonds Gelderland (PFG), a fund established by the province of Gelderland to accelerate the innovative capacity of major social challenges such as energy transition, climate adaptation, circular economy, biodiversity, accessibility, economic business climate, and residential and living environment.
Oscar Elderink, investment manager of Perspectieffonds Gelderland at Oost NL, says “The Wageningen ecosystem is a hotspot for food innovation on the way to a sustainable and healthy food system.”