Finland · Research startup

Volare Solutions

Volare Solutions is a Nordic deeptech company founded in 2021, focused on creating sustainable protein, oil, and fertilizer by upcycling food industry side streams using black soldier fly larvae.

Funding reportedLast round: Seed

ResearchHelsinki, Finland

About Volare Solutions

Volare Solutions is a Nordic deeptech company founded in 2021, focused on creating sustainable protein, oil, and fertilizer by upcycling food industry side streams using black soldier fly larvae.

The company aims to address global food system sustainability challenges through its innovative insect-based refining platform, which offers a fully circular process that replaces less sustainable alternatives like soy and fish meal. Headquartered in Uusimaa, Finland, Volare is a spin-off from VTT Technical Research Centre of Finland. It employs between 11 and 50 people and has secured €26 million in funding from various investors. The company is currently constructing its first commercial-scale facility, Volare 01, in Pori, Finland, which is designed to be the world’s most efficient protein factory. Volare produces high-value ingredients, including sustainable protein for animal feeds, sustainable oil for various applications, and sustainable fertilizer for regenerative agriculture, targeting the growing global protein ingredients market.

What company datasets say Volare Solutions raised

Funding, as reported

Reported in all29.6Min the source's currency
Rounds1
Last roundSeed
Last round size28.6M
Last round dateJun 2021
Investors listed5

Founders and team

From Volare Solutions's own website: 5 on the team.

  • Jarna HyvönenChief Executive Officer
  • Antti ÅkeChief Operating Officer
  • Benjamin ArmenjonChief Commercial Officer
  • Marko RintanenChief Financial Officer
  • Matti TähtinenChief Technology Officer

On a portfolio page

Investors who name them

Each firm lists Volare Solutions on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

insect-based ingredientsbiotechnology researchbiofuels raw materialdistributionmanufacturingclimate-friendly fertilizerupcyclingfood technologyalternative proteinblack soldier flynatural pigmentsenvironmentally friendly productionsustainable proteinfood industry side streamsprotein from insectszero waste

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Sector
Research
Industry code
NAICS 541714, 311119, SIC 2099
Region
Uusimaa
Full record
Every detail in the company directory

Research in Finland

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