Nordic Foodtech VC — Full Portfolio

Technology turning edible agricultural and food side products into natural umami; exited in 2025.

Chromologics is a Danish biotech company that uses a precision fermentation platform to produce natural food colours, marketed to food and beverage manufacturers as an alternative to synthetic colourants.

BiotechFoodTechNew MaterialsCopenhagen, DK

Anders Odum(Founder)inGerit Tolborg(Co-founder & CEO)inAnders Ødum(Co-founder & CTO)Klaus Bjerrum(CTO & Founder)inChristian H. Steffensen(CEO)inJens Bergholdt(CFO)in

Co-investorsNovo HoldingsBlue Horizon CorporationCollateral GoodDoehler Ventures

THIC, a chocolate-like product made sustainably from upcycled ingredients.

THIC is an alternative chocolate made from upcycled ingredients including brewer's spent grain and cacao shells, designed for both consumer and industrial baking applications.

Circular EconomyClimate TechFoodTechCopenhagen, DK

Max Bogenmann(Co-founder)Christian Bach(Co-founder)inMatthew Orlando(Co-founder)in

Co-investorsRockstart

Pekilo is a mycoprotein-based ingredient that provides digestible proteins and dietary fiber as a sustainable alternative to meat products.

AgTechBiotechCircular EconomyFoodTechImpact & Social GoodFinland, FI

Co-investorsAqua SparkVoima Ventures

Precision fermentation producing mono-terpene aromas in yeast; first product replaces hop farming.

Evodia is a Danish aroma company that uses precision fermentation with proprietary yeast strains to produce monoterpenes, the natural molecules behind flavor and aroma, as a sustainable alternative to plant-derived ingredients.

BiotechCleantechClimate TechDeep TechFoodTechCopenhagen, DK

Co-investorsThe March GroupRA Capital

Fiberdom develops Duranova, a wood fiber-based supermaterial made from a small set of natural ingredients using a patented functionalization process, offering a durable, recyclable, and home-compostable alternative to plastics.

Circular EconomyCleantechNew MaterialsVantaa, FI

Hailia develops seafood processing technologies that convert underutilized fish byproducts into high-quality products, serving processors and manufacturers seeking to improve resource efficiency and sustainability in the seafood industry.

Circular EconomyConsumerFoodTechUnknown from page, FI

Petri HeinoinTopi JurvaneninOtto Kaukonenin

BoardPekka Siivonen-Uotila(Chairperson of the Board)in

Happy Plant Protein manufactures plant-based protein and carbohydrate ingredients for food manufacturers using a single-step processing technology that converts plant flours into functional ingredients.

Advanced ManufacturingAgTechFoodTechNew Materials

Co-investorsButterfly Ventures

Ironic Biotech develops an iron supplement designed for better absorption and gastrointestinal tolerance, aimed at women affected by iron deficiency.

BiotechFemTechWellness & Fitness

Nélida Leiva Eriksson(Founder)in

Kuva Space develops a hyperspectral satellite constellation combined with artificial intelligence to deliver actionable Earth observation intelligence for decision-makers across agriculture, climate, and security sectors.

AgTechAI & Machine LearningClimate TechSpace Tech

Tuomas Tikka(Chief Technology Officer & Co-Founder)in

Co-investorsEarth Venture CapitalVoima Ventures

Melt&Marble uses precision fermentation, microbial metabolic engineering, and synthetic biology to produce fats and ingredients aimed at creating more sustainable food products.

BiotechClimate TechConsumerFoodTechNew MaterialsGothenburg, SE

Anastasia Krivoruchko(Co-founder & CEO)inFlorian David(Co-founder & CSO)inJens Nielsen(Co-founder & Chairman of the Board)inThomas Cresswell(Chief Business Officer)inTue Holdal(Chief Technology Officer)in

Co-investorsBeiersdorf Innovation FundCatalyze CapitalChalmers Ventures ABIndustrifondenLever VC

Oat-based cheese platform delivering taste, texture and melt with high resource efficiency.

Mö is a Finnish dairy alternative producer that makes oat-based cheese products.

ConsumerFoodTech

NanoHalen develops rapid, low-impact testing methods for analyzing the quality of drinking and domestic water.

CleantechConsumerDeep TechHardwareNew MaterialsJoensuu, FI

NPHarvest develops technology to restore nutrient cycles and advance circular economy practices in organic waste and environmental management.

AgTechCircular EconomyCleantechClimate TechEspoo, FI

Juho(Founder & CTO)Federico(Co-founder)Burak(Co-founder)

Paras Aqua develops land-based aquaculture systems focused on fish welfare and sustainable production.

AgTechClimate TechDeep TechImpact & Social GoodHelsinki, FI

Tapio KiuruinKalle SinisaloinJani PulkkineninSondre Høidalen

Ruokaboksi is a meal kit delivery service that provides pre-portioned ingredients and professionally designed recipes to customers, allowing them to prepare meals at home without planning or shopping.

FoodTech

Co-investorsInnovestor VenturesTesi (Finnish Industry Investment Ltd)

Tracegrow uses its RETRACER technology to recover manganese and zinc from European industrial sidestreams, producing circular raw materials for the agriculture and battery industries.

AgTechCircular EconomyCleantechNew Materials

Petri Huhtala(Founder)

Zapflow provides a secure portal and reporting platform for venture capital fund managers to centralize LP communications, automate investment performance reporting, and manage investor relations.

Enterprise SoftwareFintechSaaS

Mikko P.(Founder)in

Co-investorsGorilla Capital