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Chart showing the investemnt in European alternative protein companies by half year. Following a sharp decrease after H1 2024, the pattern shows a gradual increase.
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Investment in Europe’s alternative protein companies grows – but sector can no longer rely on venture capital alone

Helene Grosshans

An analysis by GFI shows that fermentation companies led the pack in raising new capital in the first half of 2026. However, the picture is mixed and the number of deals has halved – private investment is now concentrated on fewer companies. Mixed financing models, in which private capital and public investment work together, are therefore gaining relevance.