SUNT, an Amsterdam-based startup that makes food products from discarded bananas, announced that it has secured €1.1M in funding from Brave New Food (BNF) Investments, DOEN Participaties, and Rabobank.
The latest funding will enable SUNT to set up a banana factory to save millions of discarded bananas in European ports. The company also aims to become a supplier of this high-quality raw material and achieve international growth.
SUNT: What you need to know
Founded by Laura Hoogland in 2019, SUNT’s products currently use bananas rejected in Ecuador.
Of the 100 billion tons of bananas cultivated, around 50 billion kilos are wasted worldwide throughout the chain because they don’t meet cosmetic standards.