The Protein Brewery secured a €22 Series A investment led by Novo Growth

The Protein Brewery, a Breda, The Netherlands-based producer of protein-rich, animal-free food ingredients, announced that it completed a funding round of €22M ($25.6M) in a Series A investment round.

The money was raised from investors led by Novo Holdings throught its growth investment vehicle, Novo Growth.

The proceeds will enable The Protein Brewery to continue its R&D activities, cover operational costs as well as scaling up production of its flagship product Fermotein.

The Protein Brewery was founded in 2020 from a demerger of BioscienZ, an industrial biotechnology company developing new technologies based on microbial fermentation as a core competence. BioscienZ was founded in 2010 by Wim de Laat.

The Protein Brewery is in the process of commercializing protein products made by fermentation technologies. The company has access to a broad toolbox including Molecular Biology, Fermentation, Analytical tools and Down Stream Processing technologies.