Swedish biotech scale-up Melt&Marble has raised €7.3 million in Series A funding to accelerate production and bring its first precision-fermented designer fat ingredients to market. The Gothenburg-based company develops sustainable, high-performance alternatives to conventional oils and fats for use across the food and personal care industries, using advanced precision fermentation technology.
Industrifonden Leads with Strategic Backing
The funding round was led by Swedish DeepTech investor Industrifonden, and the European Innovation Council (EIC) Fund and strategic industry partners Beiersdorf and Valio were the other major contributors. Besides these, Chalmers Ventures and Catalyze Capital also extended their support to the company. The total of these grants and funding over the past year to Melt&Marble is now close to €10 million.
Company Shifts from R&D to Commercialisation
Melt&Marble, founded in 2014, is making a significant stage move from R&D to commercialisation. The Series A round acts as a bridge combining venture capital, industrial expertise, and support from European innovation, thus granting the company not only financial resources but also commercial networks.
CEO Highlights Commercial Milestone
“This investment marks a major milestone for Melt&Marble as we transition from R&D to commercialisation,” Anastasia Krivoruchko, CEO of Melt&Marble, commented. “We have the scalability milestones, the strategic partners, the strength, and the assurance to make a difference by entering the market. Delivering more sustainable, high-performance ingredients has always been our vision, and we are now much closer to achieving that with this round.”
Precision Fermentation Tackles Sustainability Challenges
By using precision fermentation, Melt&Marble’s technological platform opens up the possibilities of designing fats at the molecular level, resulting in animal-free ingredients with customized functionality. Not only that, but the technique also solves the biggest sustainability problems that come from fat sources like palm oil, coconut oil, and animal-based products that are criticized for deforestation, supply volatility, and environmental impact.