ODS Protein

odsprotein.com ↗ ·O Porriño ·Seed

ODS Protein is a Galician B2B foodtech/biotech startup that produces alternative protein ingredients by fermenting filamentous fungi on agro-food by-products, valorising food-industry side streams into a mycoprotein ingredient sold under the brand NAWA. The company claims its process uses up to 95% fewer natural resources than conventional protein agriculture and is free of climate dependency; it has moved from pilot validation to an industrial-scale facility in the A Granxa industrial park in O Porriño (Pontevedra) to supply customers with volume. It is a FoodTech 500 company (2022 and 2024), an EIT Food community startup, and was selected for the Incuvi (2019), BFFood, Vía Galicia and StartBEC (2026) programmes. The firm is Galician (Vigo/O Porriño). No priced VC round has been publicly announced; its investor base consists of regional public VC, a corporate partner and angels, plus public grants such as a €231,000 Xunta/Neotec Excellence Recovery award in 2025.

Founded
2021
Founders
2
Total funds raised
€150K+
Rounds
2
Investors
3
Last round
Aug 2025
SectorsFoodtech, Alternative proteins, Precision/biomass fermentation, Biotech, Sustainability & circular economy, Food ingredients B2B Start-up MapFoodtech & Agtech › Alternative protein & novel ingredients

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Founders

Iria Varela Campo
Co-founder & CEO
Martín Rodríguez
Co-founder

Global models 5

Nature's Fynd
United States · www.naturesfynd.com ↗
Makes Fy, a fungal protein grown by fermenting a filamentous fungus, and sells it both as an ingredient and in its own products.
$500MComparable
MycoTechnology
B2B ingredient company that ferments fungal mycelia into protein and taste ingredients and sells them to food manufacturers.
$200MComparable
Enough
United Kingdom · www.enough-food.com ↗
Ferments a filamentous fungus into its ABUNDA mycoprotein at industrial scale and sells it as a B2B ingredient to food brands, much like ODS Protein's NAWA.
$160MComparable
Infinite Roots
Grows mycelium protein on side streams from the food and drinks industry and sells it to food companies, very close to ODS Protein's model.
$70MComparable
Mycorena
B2B maker of a fungi-based mycoprotein ingredient (Promyc) for food manufacturers, with process know-how for using industrial side streams.
$50MComparable

In the same niche 22 others

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Notes: Most funded first

Investors 3

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Funding rounds 2

DateRoundAmountLead

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