Grant of EUR 12M Approved for Finnish Startup Enifer to Produce Fungi-Based Protein for Aquafeed, Finland

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Enifer, a Finland-based biotech startup, has secured a grant of over EUR 12 million (USD 13 million) from Business Finland to establish a factory for the production of PEKILO mycoprotein, a fungi-based protein source for aquafeed. The factory, set to be completed by the end of 2025, will play a crucial role in commercializing this sustainable protein source on a global scale. Enifer’s CEO, Simo Ellilä, expressed his excitement about bringing this protein source to food applications, fulfilling the mission that started over 50 years ago. The factory will cost around EUR 30 million (USD 32.6 million) and will be located in the Uusimaa region of southern Finland.

In Portugal, the Loures-based company Sebol has revealed plans for an industrial unit dedicated to breaking down animal products and creating protein for fish feed. With an investment of EUR 15.4 million, the unit will be situated in Coruche and will contribute to the company’s Pep4Fish project. Sebol received funding of EUR 4.6 million (USD 5 million) for the unit from the Blue Bioeconomy Pact, a Portuguese consortium focused on finding innovative blue biotech solutions. This new production unit signifies a significant step forward in efficient and sustainable fish production, according to Andre Almeida, ETSA Group’s Head of Research.

Norwegian salmon farmer Atlantic Sapphire has unveiled its latest offering, Bluehouse Salmon, as part of its sustainability efforts. The salmon for this product is raised onshore in Florida, USA, showcasing the company’s commitment to planet-friendly production. Max Francia, Director of Marketing at Atlantic Sapphire, emphasized the importance of sustainability in their brand, noting how shoppers prefer local options with a lower carbon footprint and no impact on ecosystems. Francia also highlighted the traceability and fast supply chain of their salmon, attributes that resonate with consumers seeking eco-friendly choices. The Bluehouse Salmon product has been recognized as a green choice by Seafood Watch and is recommended by Ocean Wise.

In England, the Environmental Agency (EA) Fisheries Improvement Program (FIP) has allocated GBP 730,000 (USD 927,000, EUR 853,000) to support sustainable fisheries across the country. This funding is available for FIPs in England to enhance fish passages, develop sustainable fish habitats, and improve angling facilities. The FIP aims to enhance both the sport of angling and the environment, as previous projects have successfully addressed risks to fish stocks and protected habitats from the impacts of climate change. The EA has collaborated with various partners and completed approximately 20 projects in the past year, improving 72 kilometers of rivers and 237 hectares of still waters. Fisheries Partnership Manager Heidi Stone encouraged eligible parties to apply for the funding, emphasizing the long-lasting improvements that can be made to fisheries across England.

SeafoodSource remains committed to reporting on sustainability initiatives and certifications within the seafood industry, keeping a close eye on developments in the sector. By highlighting these important updates, stakeholders can stay informed about the progress being made toward a more sustainable future in aquaculture and fisheries.

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