Feb 21 2024

Heura Foods Strengthens its Position as Leader in Food Innovation

Many agri-food companies and projects in Spain are obtaining funding for everything from soil regeneration and indoor farming to food safety

Spanish company Heura Foods has strengthened its position as a leader in food innovation in Europe after securing a record €40 million in funding. This is a major milestone for the company and will allow it to strengthen its position in its market segment and pave the way for it to become a leader in Europe as well.

The company continues to lead growth in Spain’s alternative protein sector while also consolidating its position in key markets such as the UK, France, and Italy.

Says the company’s CEO, Marc Coloma, “This achievement brings Heura one step closer to its goal of being at the cutting edge of the protein transition in Europe… This new chapter will help us become profitable, while  also allowing us to develop innovative technologies to address key challenges in the industry in a way that is scalable.”

More Inversions in Foodtech

Heura Foods is not the only company or group bringing value to the agri-food sector, as the recently published report of 2023 FoodTech in Spain makes clear. For example, Spain's first Center for Innovation in Alternative Proteins has secured 7 million euros in funding and is one of the largest investments made in alternative proteins across Spain.

The AZTI technology center has invested 200 million euros in a project to drive sustainable growth, attract and create quality employment, and help create a modern and quality food industry.

Another Spanish program has partnered with leading companies like Makro, Mahou San Miguel, Vicky Foods, and Embutidos Martínez, and others, to support 20 promising projects, with an investment of over $2.5 billion.