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      <p>
        Belgian food ingredient company Paleo has opened a new pilot-scale facility in Leven, Belgium, to expedite the production of its animal-free heme ingredient.
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        The company aims to bring its heme ingredient closer to commercialization in 2024 by using the new facilities. Paleo has already developed six non-GMO heme variations, including chicken, beef, pork, lamb, tuna, and mammoth proteins.
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      <p>
        <b>Analyst QuickTake: </b>
        This facility was backed by Paleo&rsquo;s 
        <a href="https://sp-edge.com/updates/16533">
          EUR 12 million
        </a>
         (~USD 12.8 million) Series A funding round, earmarked for scaling production, amongst other objectives. The increased production rates resulting from the new facility will likely aid the company with increased output and global expansion plans.
      </p>
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  <p>
    <a href="https://vegconomist.com/cultivated-cell-cultured-biotechnology/fermentation/paleo-opens-facility-belgium-animal-free-heme-expansion-plans-2024/">
      Vegconomist
    </a>
  </p>
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Plant-based Meat

ANALYST_QUICK_TAKE

PROMINENT_CATEGORY

<div>
 <p>Belgian firm Paleo has launched a pilot-scale facility in Leven, aiming to speed up production of its animal-free heme ingredient. The goal is to commercialize the product in 2024. Paleo has produced six non-GMO heme variations, replicating chicken, beef, pork, lamb, tuna, and mammoth proteins. </p>
</div> <p><b>Analyst QuickTake: </b> This facility was backed by Paleo’s <a href="https://sp-edge.com/updates/16533"> EUR 12 million </a> (~USD 12.8 million) Series A funding round, earmarked for scaling production, amongst other objectives. The increased production rates resulting from the new facility will likely aid the company with increased output and global expansion plans.</p>

Paleo opens new facility to accelerate production of animal-free heme production

Empowering sustainable food innovation through food engineering tech

Novel Foods

<div>
 
 <p>Belgian startup, Paleo, is using precision fermentation to develop alternative proteins for plant-based foods, including pet food. The company has recently filed a patent application for its animal-free heme ingredient in pet food. Paleo is exploring the creation of proteins like rat, mouse, and rabbit for pet consumption, and expecting to launch a dog or cat food product with animal-free heme in 2024.</p>
 
</div> <p><b>Analyst QuickTake: </b> Paleo has expanded its product portfolio by entering the plant-based pet food market, initially focusing on producing alternative proteins for meat and fish. This expansion comes amid the company's ongoing initiatives to develop a commercial production strategy for its plant-based offerings and secure regulatory approvals across key markets, including the US, Canada, Europe, Latin America, and Asia. In an effort to scale the production of animal-free heme protein, the company also secured EUR 12 million in <a href="https://sp-edge.com/updates/16533"> Series A </a> funding earlier this year.</p>

All Updates

Paleo opens new facility to accelerate production of animal-free heme production

Paleo ventures into plant-based pet food market; files patent for animal-free heme

Vow and Paleo clash over wooly mammoth meatball

Vow and Paleo clash over wooly mammoth meatball

Paleo raises EUR 12 million in Series A funding

Paleo introduced six novel non-GMO heme variations