Finnish startup Volare raises EUR 0.7 million from Maki.VC to radically reduce environmental burden of food chain with high-quality insect proteins
Insect proteins can significantly reduce the environmental load of animal feed, pet food and cosmetics industries. A new spinoff startup from VTT Technical Research Centre of Finland , Volare , aims to do just this. Volare uses food production side streams, such as non-edible parts of grains, to produce high-quality proteins and oils in order to replace other animal proteins, soy and palm oil.To start off, the company received EUR 0.7 million in funding from Maki.vc. It is the largest investment to a company in the insect sector in Finland.