Inspiring CO2 circularity by introducing carbon transformation to our plates

Solmeyea aims to revolutionize food production by using CO2 and innovative microalgae fermentation to create carbon-negative proteins, enhancing food security and sustainability.

Subsidie
€ 2.442.727
2024

Projectdetails

REVOLUTIONIZING FOOD PRODUCTION WITH CO2 INPUTS AND CARBON-NEGATIVE MICROALGAE PROTEINS

Introduction

Solmeyea is a biotech company producing functional food ingredients as an alternative to both animal- and plant-based proteins. Our groundbreaking, IP-protected Hybrid Vertical Microalgae Fermentation (HVF) technology enables microalgae fermentation using CO2 in lieu of carbon substrates and Greece's abundant Renewable Energy Sources.

Technology Benefits

This combination results in the production of carbon-negative, microalgae-derived proteins in various colors, requiring 0.1% of the crops-land on 200x higher yields of the same proteins.

ENHANCING FOOD SECURITY, GEOPOLITICS & ECONOMIC IMPACT

Addressing Challenges

Our HVF not only unlocks the full potential of microalgae but also addresses the EU’s critical challenges. It reduces reliance on heavily commoditized and price-volatile crops and glucose.

Supporting Food Security

We support food security by facilitating the production of fermented CO2-derived food proteins and replacing imported, highly processed, and environmentally harmful crop-derived ones.

Economic Contributions

We ensure the efficient production of food ingredients, contributing to national and EU GDP, and empower the EU to regain independence and geopolitical competitiveness.

SOLUTION: MEY PROTEIN FOR HUMAN CONSUMPTION AT SCALE

Introduction to MEY

MEY is the first-ever non-GMO protein produced from CO2 with the highest standards for human consumption. Through the pioneering combination of gas and microalgae fermentation, we transform SCOPE:1 CO2 into authorized, white, functional food protein.

Efficiency and Sustainability

Compared to any FDA/EFSA-approved protein, our microalgae-derived MEY demonstrates:

  1. 30x higher land-efficiency
  2. 400x more sustainability in terms of water and carbon footprint.

EICA SUPPORT: ADVANCING TECHNOLOGY TO TRL:9 AND BEYOND

Future Projections

It will propel Solmeyea's CO2-Bioconversion and microalgae fermentation system to Technology Readiness Level (TRL) 9, projecting an annual revenue of €190 million by 2029.

Integrated AI Models

Our integrated AI models ensure precision, efficiency, and cost-effectiveness at both our demo and future flagship development.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.442.727
Totale projectbegroting€ 2.442.727

Tijdlijn

Startdatum1-9-2024
Einddatum31-8-2026
Subsidiejaar2024

Partners & Locaties

Projectpartners

  • SOLMEGIA MONOPROSOPI I.K.E.penvoerder

Land(en)

Greece

Vergelijkbare projecten binnen EIC Accelerator

EIC Accelerator

Disrupting the food ingredient and protein markets: a breakthrough technology for large-scale microalgae cultivation.

Arborea aims to develop a revolutionary bioreactor for large-scale microalgae production to meet rising protein demand sustainably and affordably by 2050.

€ 2.348.873
EIC Accelerator

Innovative patented dry fermentation technology for cost-effective and highly nutritious production of hybrid mycelium-plant meat analogues

The MEATLOW project aims to optimize a novel mycelium-plant fermentation technology to produce healthy, eco-friendly meat analogues for the EU market by 2026.

€ 2.441.250
EIC Accelerator

Harnessing the immense potential of precision fermentation to produce animal fats for the next generation of meat and dairy alternatives

Melt&Marble develops scalable, precision-fermentation technology to produce customizable, animal-like fats for plant-based foods, enhancing functionality and flavor while reducing environmental impact.

€ 2.485.840

Vergelijkbare projecten uit andere regelingen

Mkb-innovati...

GOETT: Grootschalige Grond Ongebonden Eiwit Teelt voor meervoudige toepassingen

Het consortium ontwikkelt een duurzame, circulaire teelttechnologie voor micro-algen (Spirulina) in gesloten systemen, gericht op humane toepassingen en het hergebruik van mineraalrijke reststromen.

€ 194.900
EIC Pathfinder

Hydrogen oxidizing bacteria engineered to valorize CO2 for whey protein production

Project HYDROCOW aims to develop a sustainable, net-zero carbon dairy protein production platform using engineered bacteria to convert CO2 into food-grade protein, reducing environmental impacts.

€ 3.963.836
Mkb-innovati...

Ontwikkeling van een heem productiesysteem o.b.v. algen

FUL Foods BV en Lgem BV ontwikkelen een innovatief productiesysteem voor plantaardig heem uit microalgen, om vleesvervangers te creëren die qua smaak en structuur nauwelijks van echt vlees te onderscheiden zijn.

€ 301.802
Mkb-innovati...

Single Cell Protein “From waste to taste”

Colsen onderzoekt de haalbaarheid van microbieel eiwitproductie uit reststromen voor duurzame aquacultuur in Zeeland.

€ 20.000
EIC Transition

Novel and sustainable biotechnological approaches for astaxanthin and ketocarotenoids production

The ASTEASIER project aims to develop and validate cost-effective biotechnological methods for producing and extracting natural astaxanthin and omega-3 from microalgae for nutrition applications.

€ 1.982.688