Scandinavian startups to compete in Food Venture Summit

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Swedish and Finnish teams will compete for 100000 euro prize

With the aim to promote a sustainable food system, the Helsinki-based FAN Nordic Hub, one of six accelerators in the European EIT Food Accelerator Network (FAN), completed a four-month acceleration program with ten Nordic startups recently.

“Leading the Nordic FAN program has been an eye-opening experience for us. It has shown us the huge potential of startups and given us a great opportunity to help them on their journey to success,” said Mirva Lampinen, Co-Creation Manager of VTT and EIT FAN Nordic Hub leader.

The judges selected two teams, eniferBio from Finland and Mycorena from Sweden, to participate in the European EIT Food Venture Summit to compete for three 100 000 euro prizes with teams from other accelerators.

eniferBio’s technology allows biorefineries to profitably convert their underutilized dilute side streams into valuable protein leveraging the Pekilo single-cell mycoprotein, which can be used e.g. as a fish feed ingredient. Mycorena’s product Promyc is a fungi-based mycoprotein with excellent nutritional quality and prolific culinary benefits.

“We are happy for eniferBio and Mycorena and proud of all the skillful, innovative and hard-working teams at FAN Nordic Hub,” said Paolo Borella, the Program Manager of FAN Nordic Hub.

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