The startup Umiami, incubated at Agoranov in 2021, announces a fundraising of €26.5M.

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Umiami develops a vegetable alternative to meat thanks to a proprietary texturing process.

This fundraising will allow UMIAMI to open a factory in France by 2023, to recruit nearly 200 people, and to produce 15,000 tons per year, in order to serve its customers in the food industry and the restaurant industry on all continents.

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"Health, the environment, but also respect for animal life, are at the heart of new purchasing behaviors, but today there are no vegetable alternatives for most of the meat consumed, such as fillets and whole pieces. Yet this is what makes meat so pleasurable. We wanted to recreate this experience," explains Tristan Maurel, co-founder and CEO of UMIAMI.

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Led by Astanor Ventures, followed by Redalpine, French Partners and supported by its historical investors VERSO Capital, Newfund and the French Tech Seed fund managed on behalf of the State by Bpifrance within the framework of France 2030, this operation will accelerate the influence of the French Food Tech internationally.

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"UMIAMI's value proposition - whole parts, healthy products and high quality - is great news for consumers in transition looking for sustainable alternatives to conventional animal products. With its energy, determination, and unique technological process to date, the UMIAMI team is very well positioned to continue to innovate and become a leader in the alternative protein industry," said Julien Machot, Managing Partner at VERSO Capital.

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Congratulations to Tristan Maurel and Martin Habfast as well as to the entire team!

Good luck !

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For more info:

👉 Les Echos: https://bit.ly/3jCoQVL

👉 CFNEWS : https://bit.ly/3jAOL00

👉 BFM Business : https://bit.ly/376xdXm

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