Taaleri Bioindustry Funds Growth of Finnish Food Factory’s Plant-Based Dairy Business

Taaleri Bioindustry Fund I has committed EUR 10 million to Finnish Food Factory, a contract manufacturer specializing in plant-based dairy alternatives, to support the company's growth as demand for plant-based products continues to rise. Finnish Food Factory has experienced significant growth, increasing turnover from EUR 1.2 million in 2020 to EUR 13.5 million in 2024. The company produces plant-based dairy alternatives for Nordic and global brands, such as Fazer, and has a reputation for delivering high-quality products efficiently.

Key to Finnish Food Factory's success is its use of locally sourced materials, with oats becoming a key ingredient in plant-based products. This investment from Taaleri Bioindustry Fund I reflects a commitment to supporting sustainable food production. With over EUR 100 million raised, the fund aims to support companies in the bioeconomy and circular economy sectors, helping to reduce the carbon footprint of food production and promote environmentally friendly practices in the industry.