Finnish FoodTech startup Hailia secures €1.75 million funding to convert sidestreams from fish processing into consumer-ready seafood products.
The investment round involves new investors Holdix and Ikorni Invest, as well as a syndicate of existing and new investors.
Hailia forms strategic partnerships with Finnish seafood processor Kalavapriikki and Danish engineering company Dana Technology to expand its technology internationally.
CEO Michaela Lindström emphasizes the growing industry interest in utilizing sidestreams for human consumption.
Hailia Nordic Oy focuses on efficient seafood processing technologies and aims to enhance resource efficiency in the seafood sector.
The company offers innovative seafood products and licenses its technology to global fish processing companies.
Hailia's partnership with Kalavapriikki has led to the release of new seafood products like 'pulled rainbow trout' and collaboration with food service providers.
Hailia holds exclusive rights to employ the technology in seafood applications and is in talks with global fish producers for technology licensing.
Kalavapriikki CEO, Jari Korhonen, lauds Hailia's technology for enhancing production efficiency, reducing waste, and creating new consumer products.
With rising seafood consumption, Hailia aims to contribute to a sustainable food system by utilizing fish sidestreams for human consumption.
The company's licensing model allows fish processors to integrate their technology for increased resource efficiency and new product development.
Hailia collaborates with Dana Technology to expand globally and continue technological advancements for the seafood industry.
The seafood industry's need for low-carbon protein sources amplifies the importance of maximizing fish utilization, as highlighted by Hailia's initiatives.