About Edonia
Edonia is a company based in Palaiseau (France) founded in 2023 by Pierre Mignon and Hugo Valentin. It operates as a Direct-to-Consumer (D2C), and B2B2C. Edonia has raised $2.14 million across 1 funding round from investors including Bpifrance and Asterion Ventures. Edonia offers products and services including Edonization Microalgae Protein.
- Headquarter Palaiseau, France
- Founders Pierre Mignon, Hugo Valentin
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.14 M (USD)
in 1 rounds
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Latest Funding Round
$2.14 M (USD), Seed
Apr 25, 2024
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Investors
Bpifrance
& 1 more
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Employee Count
Employee Count
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Products & Services of Edonia
Edonia offers a comprehensive portfolio of products and services, including Edonization Microalgae Protein. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Microalgae is transformed into nutrient-rich, textured protein ingredient.
Funding Insights of Edonia
Edonia has successfully raised a total of $2.14M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.14 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.1M
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First Round
First Round
(25 Apr 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - Edonia | Valuation | Asterion |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Edonia
Edonia has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Bpifrance and Asterion Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Asterion Ventures is focused on impact and climate tech investments.
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Founded Year | Domain | Location | |
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Corporate consultancy, advisory, and funding services are provided to businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Edonia
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Edonia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Edonia Comparisons
Competitors of Edonia
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Edonia
Frequently Asked Questions about Edonia
When was Edonia founded?
Edonia was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Edonia located?
Edonia is headquartered in Palaiseau, France. It is registered at Palaiseau, Essonne, France.
Who is the current CEO of Edonia?
Hugo Valentin is the current CEO of Edonia. They have also founded this company.
Is Edonia a funded company?
Edonia is a funded company, having raised a total of $2.14M across 1 funding round to date. The company's 1st funding round was a Seed of $2.14M, raised on Apr 25, 2024.
What does Edonia do?
Edonia is engaged in the development of innovative plant-based protein ingredients using microalgae. The company has pioneered a technology called Edonization, which transforms microalgae into clean, nutrient-rich ingredients with a meat-like texture and umami flavor. Operating in the food and beverage sector, Edonia collaborates with European microalgae farmers to source high-quality biomass. Solutions are provided to food companies to create healthier, more sustainable plant-based products, addressing challenges like poor texture and artificial additives in existing alternatives.
What products or services does Edonia offer?
Edonia offers Edonization Microalgae Protein.
Who are Edonia's investors?
Edonia has 2 investors. Key investors include Bpifrance, and Asterion Ventures.