Paleo

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Plant-based Meat?
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Minimum Viable Product
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Supplier (technology/ingredients)
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Paleo is a Belgian food ingredient company that develops functional meat and fish proteins for plant-based products through precision fermentation.

The company claims to be the European pioneer in precision fermentation for meat and fish proteins. In June 2022 , the company secured patents for 6 new variations of non-GMO heme that include beef, chicken, pork, lamb, tuna, and paleo-era mammoth proteins. Paleo noted that its production is powered by renewable energy, which uses 5x less energy, 10x less water, and 100x less land.

In November 2023, Paleo launched an office in Singapore to handle its APAC region operations, marking the company’s first expansion beyond Europe. Meat alternatives with Paleo’s heme range are expected to be available in several markets including, the US, Canada, Europe, Latin America, and Asia. In January 2024 , the company opened a new pilot-scale facility in Leven, Belgium, to expedite the production of its animal-free heme ingredient.

Key customers and partnership

In October 2024, Revo Foods and Belgian precision fermentation company Paleo partnered under a EUR 2.2 million (~USD 2.4 million) EU-funded project to advance alternative seafood production.

HQ location:
Leuven BEL
Founded year:
2020
Employees:
1-10
IPO status:
Private
Total funding:
USD 19.0 mn
Last Funding:
-
Last valuation:
-
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