© SuperGround
Finnish food technology company SuperGround Oy has raised an additional €1.15 million, extending its earlier €2.5 million funding round. The extension was led by Germany’s CHECK24 Impact and US-based Propeller Ventures.
The extension shows strong investor confidence at a time when raising capital for FoodTech has become tougher and more focused on proven performance. SuperGround’s patented processing technology enables food producers to lower costs and increase protein content by turning undervalued fish and poultry side streams into tasty, profitable products such as burgers, nuggets and patties.
In parallel, SuperGround is launching its partnership with Sweden’s Ocean Next AB to commercialise several new seafood products across the Nordics. Ocean Next will drive commercialisation with production in Falkenberg, leveraging Korshags Food AB’s expertise in premium blue food.
“Investors are looking for cost-competitive, scalable food innovations, and that’s exactly what we deliver. With Hatch Blue, CHECK24 Impact and Propeller Ventures leading this round, we are in a strong position to accelerate growth across the Nordics and beyond, starting with our new partnership with Ocean Next,” said Jaakko Kaminen, CEO of SuperGround, in a press release.
“Partnering with Superground, we’re turning undervalued fish parts into sustainable, tasty products,” said Jörgen Bergqvist, group CEO of Ocean Collective and executive chairman of Korshags Food AB and Ocean Next AB. “With Ocean Next leading commercialisation across the Nordics and Korshags driving production rooted in quality and sustainability, we aim to launch new products and change how consumers perceive blue food – without compromising taste or ocean health.”
