Next-generation nutrition start-up Embion raises CHF 4.5 million

Biomass processing technology specialist Embion Technologies has successfully closed an equity financing round of CHF 4.5 million, led by global brewing group ASAHI.

Embion‘s platform biomass processing technology enables the repurposing of food and agricultural industry by-products towards high-value, nature-derived functional ingredients.

Such upcycling helps to expand food resources, supply security and sustainability with a technology that efficiently reduces the carbon footprint of food production.

Through the fundraising of CHF 4.5 million in a Series A financing round led by ASAHI Group Holdings Ltd, Embion will be able to scale its production capabilities to expand its business as well as continue securing IP in animal and human health and nutrition.

The company expects to double its number of employees within the next 18 months to unlock growth in multiple market opportunities.

“We are incredibly pleased to have Asahi on board as a lead investor sharing a common vision to accelerate the sustainability of food production and to future-proof food supply security. The functional nutrition market is evolving rapidly, and the timing of the closing of our Series A financing could not be better. It enables us to bring the unique benefits of our platform technology to market faster. Hence, our customers in the health and nutrition industries can offer products that have a positive impact on the planet and the health of its inhabitants,” said Georgios Savoglidis, co-founder and CEO of Embion.

Founded in 2016 as a spin-off of the EPFL and based in Etoy (canton of Vaud), Embion aims to upcycle 1 million tons of biomass and save 100 million tons of CO2 by 2025. With its catalytic platform technology, Embion’s novel technological approach accelerates the development of functional foods while reducing costs and time to market.