Enifer

Espoo, Finland Founded: 2019 • Age: 7 yrs
Fungi-based proteins are developed for sustainable food chain solutions.

About Enifer

Enifer is a company based in Espoo (Finland) founded in 2019 by Ville Pihlajaniemi, Anssi Rantasalo, Heikki Keskitalo, Joosu Kuivanen, and Simo Ellila.. Enifer has raised $28.31 million across 5 funding rounds from investors including European Union, Finnvera and Nordic FoodTech VC. Enifer offers products and services including PEKILO®, PEKILO®Aqua, and PEKILO®Pet.

  • Headquarter Espoo, Finland
  • Founders Ville Pihlajaniemi, Anssi Rantasalo, Heikki Keskitalo, Joosu Kuivanen, Simo Ellila
  • Sectors
    Consumer
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Food, Beverage & Nutrition
Agriculture → Aquaculture & Fisheries
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $28.31 M (USD)

    in 5 rounds

  • Latest Funding Round
    $9.76 M (USD), Debt – Conventional

    May 23, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Enifer

Enifer offers a comprehensive portfolio of products and services, including PEKILO®, PEKILO®Aqua, and PEKILO®Pet. 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.

Primary

Nutritious mycoprotein for sustainable food production.

Protein source for faster fish growth in farming.

Animal-free protein for eco-friendly pet diets.

Funding Insights of Enifer

Enifer has successfully raised a total of $28.31M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $9.76 million completed in May 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 Rounds 5
  • Last Round Debt – Conventional — $9.8M
  • First Round

    (01 Oct 2021)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2024 Amount Series B - Enifer Valuation Taaleri Bioteollisuus
May, 2024 Amount Debt – Conventional - Enifer Valuation

investors

Jan, 2024 Amount Grant - Enifer Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Enifer

Enifer has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Finnvera and Nordic FoodTech VC. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund focused on food chain
Founded Year Domain Location
Funding is provided for deep tech ventures in Nordics.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Enifer

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Enifer

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Enifer Comparisons

Employees
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Competitors of Enifer

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Enifer

Frequently Asked Questions about Enifer

When was Enifer founded?

Enifer was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Enifer located?

Enifer is headquartered in Espoo, Finland.

Who is the current CEO of Enifer?

Simo Ellila is the current CEO of Enifer. They have also founded this company.

Is Enifer a funded company?

Enifer is a funded company, having raised a total of $28.31M across 5 funding rounds to date. The company's 1st funding round was a Grant of $13.13M, raised on Oct 01, 2021.

What does Enifer do?

Enifer was founded in 2019 in Espoo, Finland, as a biotech company focused on sustainable protein solutions for the food chain. Mycelium is grown in fermentation tanks to produce fungi-based protein characterized by neutral taste and color. Operations center on biotechnology processes that support protein production for food applications, with activities based in the Nordic region.

What products or services does Enifer offer?

Enifer offers PEKILO®, PEKILO®Aqua, and PEKILO®Pet.

Who are Enifer's investors?

Enifer has 9 investors. Key investors include European Union, Finnvera, Nordic FoodTech VC, Aqua Spark, and Taaleri Bioteollisuus.

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