Biotechnology company ÄIO secures €1M to develop greener alternatives to unethical and polluting oils in cosmetics products

Funding Rounds

Summary

ÄIO secured €1M in government-backed grant funding to advance fermentation-derived alternatives to palm oil, coconut oil, mineral oils, and other unsustainable ingredients. The company will use the funding for a three-year research and development project focused on cosmetic and personal care applications. ÄIO says its yeast-based oils offer better traceability, lower land and water use, and a cleaner supply-chain profile than conventional oils. The company is already sending samples to cosmetic producers and is in active discussions with manufacturers as it prepares for commercialization and future fundraising.

$ Funding

$
Amount $1.1M Total raised
Date July 22, 2025 Announcement date
Investors - Lead investors
Company aio.bio Funded company

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies