Dutch food-tech scale-up Revyve has secured nearly €24 million in Series B financing, pushing its total capital raised to over €40 million. This substantial investment will propel the company’s commercial expansion of functional yeast proteins designed to replace eggs and additives in mainstream food categories. The funding round was co-led by ABN AMRO Sustainable Impact Fund and Invest-NL, with additional support from Brabantse Ontwikkelings Maatschappij (BOM), Lallemand Bio-Ingredients’ Swiss affiliate Danstar Ferment, and Grey Silo Ventures (CVC of Cereal Docks Group). Existing investors Oost NL and Royal Cosun also reinforced their commitment, highlighting the diverse and robust investor confidence in Revyve’s mission.
Revyve’s innovative yeast proteins offer a clean-label solution that addresses critical challenges in the food industry, including volatile egg prices, consumer demand for less processed foods, and the urgent need for sustainable practices. By providing a natural, cost-effective, and functional alternative to eggs, Revyve enables food manufacturers to meet these challenges head-on. The company’s technology is particularly relevant in categories such as bakery, sauces, alternative meat, and plant-based dairy, where egg functionality is crucial for texture and mouthfeel.
The implications for agritech are significant. Revyve’s success underscores the growing demand for sustainable and scalable solutions in the food sector. As consumer preferences shift towards cleaner labels and reduced environmental impact, companies like Revyve are well-positioned to lead the transition. The investment also highlights the importance of regional support and collaboration, with strong backing from Dutch and European investors. This not only strengthens Revyve’s position but also reinforces the Netherlands’ role as a hub for agritech innovation.
For investors, Revyve’s Series B round represents a strategic opportunity to support a company at the forefront of the alternative protein space. The diverse investor base, combining institutional, public, and strategic expertise, reflects a broad recognition of Revyve’s potential to reshape the industry. The company’s ability to scale production rapidly, as evidenced by its first-of-a-kind facility in Dinteloord, further bolsters investor confidence. With plans to expand output to over 1,600 tons per year, Revyve is poised to meet the growing demand for its sustainable solutions globally.
Looking ahead, Revyve’s industrial production is already serving customers across multiple continents, and the company will continue to showcase its innovations at major industry tradeshows. This momentum positions Revyve as a key player in the agritech sector, driving forward the global protein transition and fostering circular solutions that reduce pressure on land, water, and animals. As the food industry evolves, Revyve’s technology and investor backing will be crucial in shaping a more sustainable and efficient future.