eniferBio Oy

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eniferBio Oy - overview

Established

2020

Location

Espoo, Uusimaa, Finland

Primary Industry

Biotechnology

About

Based in Finland, eniferBio Oy specializes in developing innovative mycoprotein solutions, focusing on sustainable protein alternatives for various industries, including aquaculture and pet food. Founded in 2020 and headquartered in Espoo, Finland, eniferBio Oy focuses on mycoprotein development for sustainable food sources. The company was established by a team of founders including Anssi Rantasalo, Joosu Kuivanen, Simo Ellilä, and Ville Pihlajaniemi. The latest funding round, a Series B, raised EUR 15.


000 mn, led by Taaleri Bioindustry, with a total amount raised of EUR 15. 000 mn. The company has completed six deals, with the most recent on May 23, 2024. EniferBio specializes in mycoprotein solutions, with its flagship product PEKILO®, a fungi-based protein used in aquafeed, pet food, and other food applications.


PEKILO®Aqua and PEKILO®Pet are tailored for aquaculture and pet food, respectively, meeting the demand for sustainable protein sources. The products are marketed in North America and Europe to food manufacturers and pet food producers. For the year 2024, eniferBio reported no revenue, with an EBITDA loss of EUR 3,090,965. 60.


EniferBio plans to utilize the recent funding of EUR 9 million, raised in May 2024, to support ongoing project development. The company aims to expand its product offerings and explore new markets, focusing on strengthening its presence in Europe and North America by 2025.


Current Investors

Tesi, Aqua-Spark, Voima Ventures

Primary Industry

Biotechnology

Sub Industries

Health Foods & Nutritional Supplements, Biopharmaceuticals

Website

www.enifer.com

Verticals

Manufacturing

Company Stage

Series B

Total Amount Raised

Subscriber access only

eniferBio Oy - timeline of key events

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eniferBio Oy - financials

Fiscal Year EndedDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)6,53159,500---
% Revenue Growth (YoY)-811.0%---
EBITDA (USD)(53,306.5)(209,191.4)---
Operating Income (USD)(66,138.1)(373,400.7)---
Operating Margin(1012.7%)(627.6%)---
% EBITDA Margin(816.2%)(351.6%)---
NET Income (USD)(66,137.6)(375,293.1)---
% Net Margin(1012.7%)(630.7%)---

eniferBio Oy - employee data

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