NoPalm Ingredients

NoPalm Ingredients, founded in 2021 and headquartered in The Netherlands, is revolutionizing the Food and Beverage industry with its innovative approach to sustainable palm oil production. The company's unique fermentation process, utilizing non-GMO yeasts and patented low-capex technology, transforms agri-food sidestreams into yeast oils. This has garnered attention from investors, with a recent €5.00M Seed Round investment on 24 July 2024 from a consortium including Rubio Impact Ventures, Netherlands Enterprise Agency, Oost NL, Fairtree Elevant Ventures, and Willow Capital Partners. Feedback indicates that NoPalm Ingredients' oils are an ideal drop-in replacement for palm oil, offering price parity and requiring no recipe reformulation. The use of agri-food sidestreams and an asset-light technology allows for quick scalability. Moreover, the company's technology boasts impressive environmental benefits, with a 90% reduction in CO2 emissions and a 99% decrease in land use compared to traditional palm oil production methods. NoPalm Ingredients' commitment to sustainability combined with its disruptive technology positions it as an attractive investment opportunity in the growing sustainable food industry.