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