Mö Foods has raised €2.4 million in funding to scale its oat-based cheese alternatives for international expansion.

Information on the Target

Mö Foods, a Finnish company, specializes in oat-based cheese alternatives, combining traditional craftsmanship with patented technology. Established in 2017 by siblings Annamari Jukkola and Marjaana Vuorio on a dairy farm, the firm aims to expand its international presence using recent funding secured.

Mö Foods' products are crafted from Finnish oats, allowing the company to create cheese alternatives that mimic the taste, texture, and culinary applications of traditional cheeses while generating no waste from production. The firm's unique approach leverages the entire oat grain, which enables a reduced carbon footprint in comparison to conventional cheese and minimizes land use throughout the production chain.

Industry Overview in Finland

The cheese and dairy sector accounts for approximately one-fifth of Finland's climate impact. As awareness regarding environmental sustainability increases, there is a growing demand for plant-base