Kouvola-based Finnish Food Factory, a plant-based dairy contract manufacturer, secured €10 million in funding. Taaleri Bioindustry Fund I led the investment.
Founded in 2020, Finnish Food Factory specializes in plant-based dairy alternatives for global and Nordic startups like Fazer. The company's turnover increased from €1.2 million in 2020 to €13.5 million by 2024.
Their product range includes oat and pea-based drinks, spoonable yogurts, and cooking creams. Furthermore, they produce protein drinks, sauces, spreads, and meal replacement options. Oat milk offers a significantly lower carbon footprint compared to conventional cow's milk, aligning with sustainable food goals.