Business Angels des Grandes Ecoles (BADGE) invested €141,000 in foodtech startup AuraLIP during its first funding round, totaling €491,000 raised to advance sustainable food ingredient innovation.
Information on the Target
AuraLIP, a startup based in Évry, France, focuses on developing sustainable food ingredients through advanced fermentation techniques using hemp seeds. Founded in April 2023 by Laetitia Halbeisen and Dr. Marine Messant, AuraLIP has created a natural process that enhances flavors (including Umami) while maintaining an environmentally friendly approach. This innovative method not only facilitates the creation of high-quality products but also valorizes industrial by-products within a circular economy framework. AuraLIP aims to align its offerings with consumer values such as transparency and sustainability, ensuring that all ingredients are sourced from France.
The company recently secured €491,000 in its first funding round, with €141,000 provided by the Business Angels des Grandes Ecoles (BADGE). Other angel investment groups, including Femmes Business Angels (FBA) and YES-INVEST, also participated in this funding, reflecting strong industry support for AuraLIP's mission and technology.
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Industry Overview in France
The food technology and deep-tech sectors in France are rapidly evolving, driven by increasing consumer demand for healthier and more sustainable food options. The French food industry, particularly within the context of alternatives to meat, is e
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Disclosed details
Transaction Size: $0M
Equity Value: $0M