# Enifer

**Source:** https://www.startuphub.ai/startups/enifer
**Profile type:** Startup

> Fungi-based protein from industrial by-products.

## About

Enifer produces fungi-based protein through a bioprocess, converting dilute side streams from biorefineries into a nutritious, animal-free ingredient. This turns industrial by-products into a valuable protein source for food, pet food, and aquafeed producers, reducing reliance on traditional animal and soy proteins and creating new revenue streams from underused materials.

## Key facts

- **Slug:** enifer
- **Website:** https://enifer.com/
- **Location:** Espoo, Finland
- **Founded:** 2020-01-01 00:00:00
- **Operating status:** Active
- **Total funding:** $12M
- **Sectors / tags:** FoodTech, Biotechnology, Sustainable Ingredients, Alternative Proteins, Biotech, Protein, Circular Economy, Animal-Free Protein, Precision Fermentation, Industrial Biotechnology

## Frequently asked

### What does Enifer do?

Enifer produces fungi-based protein through a bioprocess, converting dilute side streams from biorefineries into a nutritious, animal-free ingredient. This turns industrial by-products into a valuable protein source for food, pet food, and aquafeed producers, reducing reliance on traditional animal and soy proteins and creating new revenue streams from underused materials.

### What is Enifer's revenue?

StartupHub estimates Enifer's annual revenue at $5.3M (range $2.7M to $12.4M, 31% confidence), based on comparable companies in the sector.

### What is Enifer's valuation?

StartupHub estimates Enifer's effective valuation at $45.8M (range $30.0M to $72.0M, 11% confidence), based on comparable companies in the sector.

### How much funding has Enifer raised?

Enifer has raised a total of $12M in funding. The most recent round on record is Seed.

### Where is Enifer headquartered?

Enifer is headquartered in Espoo, Finland.

### When was Enifer founded?

Enifer was founded in 2020.

### What industry does Enifer operate in?

Enifer operates in FoodTech, Biotechnology, Sustainable Ingredients, Alternative Proteins, Biotech, Protein.

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