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NoPalm Ingredients produces yeast-based oils and fats as alternatives to palm oil.
Founded in 2021 in the Netherlands, NoPalm Ingredients B.V. produces yeast oils, fats, and biomass through fermentation. These ingredients are intended as palm oil substitutes in food, cosmetics, and pet food. In July 2024, the company raised EUR 5 million in seed funding co-led by Rubio Impact Ventures, Fairtree Capital, Oost NL, and Willow Capital Investments, with participation from Netherlands Enterprise Agency and other investors.
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