Edonia is a French food technology company that produces sustainable plant-based proteins. The company has developed a unique technology called “Edonization,” which uses microalgae to produce a clean, nutrient-rich protein ingredient. This ingredient claims to offer a meat-like texture and grilled umami flavor profile, without the use of additives or artificial flavoring. Edonia’s first product, Edo-1, is expected to launch into the market by the end of 2024 with commercial proofs of concept.
Key customers and partnerships
Edonia partners with microalgae farmers across Europe to ensure a supply of high-quality, food-grade biomass, while its proprietary process was developed in collaboration with AgroParisTech research units.
Funding and financials
In April 2024, the company raised EUR 2 million (~USD 2.1 million) in pre-seed funding led by Asterion Ventures, with participation from bpi. The funding was earmarked for developing a pilot plant and extending its R&D activities. The company also aims to establish a full-scale production factory within two years.
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