Volare Raises €26M in Funding

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Here’s a summary of the information you provided about Volare:

Company Details:

  • Startup Name: Volare
  • Founded: 2021
  • Location: Pori, Finland
  • Website: volare.fi

Funding Details:

  • Total Funds Raised: €26M
  • Funding Date: 27/05/2025

Investors:

  • Funds and Backers:
    • Maki.vc
    • Firstminute Capital
    • Springvest
    • The Finnish Climate Fund (to be merged with Finnish Industry Investment)
    • Finnvera
    • Norion Bank
    • Other financial investors

Founders and Leadership:

  • Founders:
    • Tuure Parviainen (Transitioning to CSO)
    • Jarna Hyvönen (New CEO)

Additional Information:

  • Business Focus: Biotechnology food company focusing on transforming food industry byproducts into sustainable insect protein, oil, and fertilizers using black soldier flies (Hermetia illucens).
  • Future Plans: Construction of the first industrial-scale plant in 2025 in Finland with an offtake agreement with Skretting for long-term demand.

This captures all of the key elements related to the startup, its funding, and its leadership.

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2025-05-27 09:46:16