Belgian food-tech start-up Paleo has raised €2 million to support the commercial scale-up of its animal-free heme proteins, made from yeast using precision fermentation.

Paleo, a food-tech start-up developing animal-free heme proteins for plant-based meat and seafood, has announced a strategic refocus of its operations amid challenging market conditions.

Revo Foods and Paleo have announced a new partnership to develop plant-based salmon alternatives containing precision-fermented myoglobin.