French start-up Green Spot Technologies has raised €5 million to expand its industrial operations and introduce Milatea, a new brand of fermented ingredients designed for bakers, pastry chefs and chocolatiers.

Operating from its facility in Carpentras, France, Green Spot Technologies upcycles plant-based by-products into premium ingredients, supporting a circular and low-carbon food system. It uses sidestreams of fruits, vegetables and cereals, such as apples, fava and grapes, enabling it to reduce food waste and aligning with circular production principles.

The funding round was led by Team for the Planet, with additional support from the European Innovation Council (EIC), EIT Food and new angel investors. The investment includes a combination of equity and bank loans aimed at accelerating the company’s growth.

With this capital, Green Spot Technologies plans to increase its production capacity tenfold, from 100 to 1,000 tons per year.

The company will also extend its reach across the bakery, pastry and confectionery sectors, while launching its Milatea range of ready-to-use ingredients that combine functionality and flavour.