# Volare Solutions: Research, Helsinki, Finland

> Volare Solutions: Volare Solutions is a Nordic deeptech company founded in 2021, focused on creating sustainable protein, oil, and fertilizer by upcycling...

Source: https://millionrounds.com/startup/volare-solutions (Millionrounds; every figure on the page links to its filing or article)

Finland · [Research startup](https://millionrounds.com/companies)

# 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.

Email

Funding reported Last round: Seed

Research Helsinki, Finland

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Company summary

- **Founded:** 2021 5 years old
- **Team:** 16 11 to 50 people
- **Funding reported:** 29.6M as listed, currency not stated
- **Last round:** Seed Jun 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Volare Solutions has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **29.6M** in the source's currency

Rounds **1**

Last round **Seed**

Last round size **28.6M**

Last round date **Jun 2021**

Investors listed **5**

## Founders and team

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

- **Jarna Hyvönen** Chief Executive Officer
- **Antti Åke** Chief Operating Officer
- **Benjamin Armenjon** Chief Commercial Officer
- **Marko Rintanen** Chief Financial Officer
- **Matti Tähtinen** Chief Technology Officer

## On a portfolio page

Investors who name them

- [Springvest Oyj](https://millionrounds.com/fund/springvest-oyj)

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 ingredients biotechnology research biofuels raw material distribution manufacturing climate-friendly fertilizer upcycling food technology alternative protein black soldier fly natural pigments environmentally friendly production sustainable protein food industry side streams protein from insects zero waste

Built with from their website

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+5 more

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- **Sector:** Research
- **Industry code:** NAICS 541714, 311119, SIC 2099
- **Region:** Uusimaa
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/volare)

## Research in Finland

Startups like it

- [**TILT Biotherapeutics Ltd** Helsinki · founded 2013](https://millionrounds.com/startup/tilt-biotherapeutics-ltd)
- [**Enifer** Espoo · founded 2020](https://millionrounds.com/startup/enifer-2)
- [**Valo Therapeutics Ltd** Helsinki · founded 2016](https://millionrounds.com/startup/valo-therapeutics-ltd)
- [**Linio Biotech** Helsinki · founded 2017](https://millionrounds.com/startup/linio-biotech)
- [**Boreal Bioproducts** Espoo · founded 2018](https://millionrounds.com/startup/boreal-bioproducts)
- [**KÄÄPÄ Biotech** Lohja · founded 2018](https://millionrounds.com/startup/k-p-biotech-2)
- [**Aurealis Therapeutics** Kuopio · founded 2015](https://millionrounds.com/startup/aurealis-therapeutics)
- [**Rappta Therapeutics** Helsingfors · founded 2019](https://millionrounds.com/startup/rappta-therapeutics)

## Is this your company?

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