Greentech Startup Finnish Food Food Factory has raised $ 10 million for plant-based diary products

Cauvola FinnishA contract manufacturer of alternative plant-based diary products has announced that they have secured $ 10 million.

The investment comes from the Talery Bioindastry Fund I, a paragraph 9 fund that seems to support the transformation towards the more sustainable, plant-based dairy production.

“Finnish raw material – especially oats – has become the mainstay of customers’ diet. With many years of skill in plant-based products, the basic basis of our activities is skilled, innovative and reliable production. We are eager to welcome Taleri Bioindestry as part of our growth,” Tuomas CookonneBoard chair at the Finnish Food Factory.

Established in 2021, the finish food factory specialized in the production of plant-based dairy options for well-established global and Nordic brands. The company says it has increased its turnover to ten times more than 2021 ($ 1.2 million) than 2021 ($ 1.5 million). This growth is responsible for their broad customer base and efficiency and the proficiency of the company to provide high quality, competitive products in the schedule.

Their plant-based products include: oats and pea-based drinks, spoonful yogurt, cooking products, such as oats and motor-based cooking cream, protein drinks, sauce, spreads, coffee, cocoa and tea drinks and food replacement.

According to the tallerry, the carbon footprint of oat milk is significantly lower than the traditionally produced cow milk.

“We are satisfied with the start of our cooperation with the Finnish food factory. With its experienced team, the company has earned a successful growth in both local and international markets while consistently provides reliable production and value addition to its global customers” Marjatta RaitimaManaging Director at Talery Bioindastry.

The investment is the sixth investment of the Talery Biundestry Fund I. Fund has collected more than $ 1 million in promise, about half of which has been deployed.

Taleri is part of the Biodastry Tylari Group. Talary is an expert in investing in investment, management of private resources and non-life insurance, capital. Talari’s private equity funds, co-investment and single-resource vehicles have € 2.7 billion resources under management.