Venture Map · Round

MOA Foodtech — Seed · €1.5M

Announced 2021-10-18 · Noáin · Foodtech

Less than a year after being founded, MOA Foodtech closed a €1.5M seed round led by Clave Capital through three vehicles (UN I+D+i Transferencia Tecnológica, Navarra Tech Transfer and Tech Transfer Agrifood), with Viscofan — described by some outlets as co-lead — plus Banco Sabadell, Eatable Adventures, Sodena and New York alternative-protein fund Big Idea Ventures. Sodena's €100,000 contribution took the form of a participative loan that completed the round, and the company separately took in roughly €400,000 of public R&D grants that year; the capital was earmarked for scaling sustainable protein production and opening up Asian and American markets.

RoundSeed Amount€1.5M LeadClave Capital Date2021-10-18 CityNoáin SectorFoodtech

Source article ↗ · moafoodtech.com ↗

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