Last deal

$4.5M
Local Amount - EUR 5M

Amount

Seed

Stage

24.07.2024

Date

6

all rounds

$8.4M

Total amount

General

About Company
NoPalm Ingredients produces sustainable microbial oils as a replacement for palm and tropical oils in food and cosmetics.

Industry

Sector :

Subsector :

Also Known As

NoPalm

founded date

09.06.2021

Number of employees

Last funding type

Seed

IPO status

Private

Description

The company utilizes fermentation technology to create tailor-made fermented oils and fats that serve as high-quality, sustainable alternatives to palm oil. By using these oils, companies and product manufacturers can significantly reduce carbon emissions by 90% and land-use by 99%. NoPalm Ingredients aims to protect forests, wildlife, and local populations by offering circular and environmentally friendly alternatives to palm oil, contributing to a more sustainable planet.
Contacts