EIT Food announces €875,000 to accelerate commercialisation of agrifood products and services in Europe - EIT Food
Summary
EIT Food has launched and funded its Fast Track to Market initiative to help mature agrifood startups and SMEs accelerate commercialization across Europe. Four winners received a combined €874,503 to bring new products and services to market, enter new markets, and scale existing ones. The new call is open for applications in early 2026 and can provide up to €300,000 per project through revenue-based financing. The selected companies are working on areas such as food waste reduction, precision pollination, plant-based seafood alternatives, and high-protein plant-based meat. This program is designed to turn near-market agrifood innovations into commercially viable offerings quickly.
Funding
Amount
$171.0K
Total raised
Date
April 8, 2025
Announcement date
Investors
EASME - EU Executive Agency for SMEs
Lead investors
Company
https://agrisound.io
Funded company
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
SaaS
IoT Software
Data Analytics Platform
Linked Companies
AgriSound
$1M to $5M