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Edonia raised EUR 15 million to scale production of Edo, a spirulina-based protein grain made from whole microalgae biomass. 21st by CentraleSupélec supported the startup in 2024 and 2025. * Proceeds fund a full-scale facility within a year at an existing Maison Chancerelle site in Brittany. Round led by SWEN Blue Ocea
Edonia, which makes spirulina-based protein ingredient Edo, raised EUR 15 million in a private funding round including SWEN Blue Ocean 2, Asterion Ventures, EIT Food Ventures and non-dilutive France 2030 support from Bpifrance. Proceeds will fund industrial scale-up, including a full-scale site planned within a year.