Loki Foods’ new production facility in Kopavogur, Iceland enables the venture-backed food technology company to deliver sustainable plant-based seafood and meat products in domestic and international markets. The news arrives shortly after Loki Foods received a Eurostars grant from the Icelandic Centre for Research (Rannís) in collaboration with NoPalm Ingredients, Flecks Brauhaus Technik GmbH, NewMilkLab NV, and the University of Iceland.
Loki Foods' first product is a plant-based white “fish'' fillet, which - they say - tastes, feels and cooks just like the real deal, while containing as much protein, omegas and other desirable nutrients as North Atlantic cod.
Backed by leading early stage food technology investment funds, including Sustainable Food Ventures, Big Idea Ventures, VegInvest, FoodHack, Kale United, and Lifely VC, Loki Foods is producing sustainably nutritious food with renewable energy to rival unsustainable conventional meats and seafoods.
As Måns Ullerstam, Founder of Kale United, explains in a press release: “Kale United has invested in plant-based seafood for a long time. Most companies have addressed categories that are easier to mimic. But Loki Foods are not afraid of going after the most important product – white fish fillet”.