Investments & Acquisitions
Yeastup Raises €9.47M to Turn Dairy Site Into Facility Upcycling Spent Brewers’ Yeast
Vegconomist • Dec 17, 2024
Switzerland’s Yeastup has secured €9.47 million in Series A funding to repurpose a former dairy facility into a large-scale production site for upcycling spent brewers’ yeast. The new facility will have the capacity to process over 20,000 tons of yeast per year and will help meet the high demand for Yeastup’s products while serving as a reference site for global scaling efforts. To ensure cost competitiveness, Yeastup has formed strategic partnerships in supply and engineering.
Yeastup’s products, including Yeastin® protein and Upfiber® fibers, have received recognition for their functionality and environmental benefits. Yeastin has been found to have a lower environmental footprint than pea protein, while Upfiber offers advanced functionalities for use in dietary supplements and functional foods. With support from investors like Beyond Impact and partnerships in place, Yeastup is poised for further success in the functional food space.
*This summary was generated using AI.
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