Investments & Acquisitions
Green Spot Technologies Raises €5M to Scale Fermented Ingredients That Could Replace Cocoa
Vegconomist • Nov 10, 2025
French company Green Spot Technologies has raised €5 million to scale the industrial production of its new brand, MILATEA - sustainable, fermented ingredients that aim to reduce the need for cocoa in recipes. MILATEA products are created by fermenting plant-based raw materials and combining them with ingredients like sugar and vegetable fats. The solid-state fermentation process takes place in Carpentras, France, and can transform agricultural waste into premium ingredients, offering up to an 80% CO₂e reduction in product formulation.
In addition to reducing costs and carbon footprints, MILATEA products are mostly vegan-friendly, with vegan alternatives available upon request. The funding will also allow Green Spot Technologies to increase its production capacity and expand across the bakery, pastry, and confectionery markets. MILATEA seeks to make sustainable indulgence scalable and accessible by collaborating with chefs, researchers, and industrial players to bring its innovative ingredients to the market.
*This summary was generated using AI.
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