Helsinki City Council has approved an initiative to cut the procurement of meat and dairy products by 50% by 2030, replacing meat and milk with plant-based alternatives.

Mö Foods has secured €2.4 million in funding in a round led by Nordic Foodtech VC to grow oat-based cheese products.

Finnish food-tech company Happy Plant Protein is debuting a new faba-based textured vegetable protein ingredient at the Food Ingredients Europe trade show in Paris, France.

Kääpä Biotech, a Finnish start-up specialising in functional mushroom ingredients, has successfully secured a €9 million strategic investment.

Enifer has obtained self-affirmed GRAS (Generally Recognized as Safe) status in the US for its mycoprotein ingredient Pekilo.

Perfat Technologies, a Finnish deep-tech startup, has secured €2.5 million in Series A financing to advance its innovative fat alternatives.

Taaleri Bioindustry – a bioeconomy growth investor under the Finnish Taaleri Group investment firm – has injected €10 million into plant-based dairy alternative manufacturer Finnish Food Factory.

Valio has confirmed it will close the Kauhava factory it acquired from Raisio in March 2025 by the end of this year, with operations to relocate to its Joensuu site.

Kääpä Biotech, a Finnish start-up that develops functional mushroom products, has secured a €900,000 strategic investment from global agri-food venture capital firm PeakBridge.

Researchers in Finland have examined how different food processing methods affect the biochemical composition of plant-based food products.

Solar Foods has signed MoUs with two international partners for the commercialisation of 6,000 tonnes per year of its novel protein, Solein.

Valio has acquired Raisio’s plant protein business, including the Härkis and Beanit fava bean brands and related fixed assets.