Innovation Fund Denmark invests in SNL BioSolutions on the basis of Innobooster

SNL BioSolutions received investment from Innovation Fund Denmark to support SNL’s development for precision fermentation based palm oil. The investment from Innovation Fund shows commitment of Denmark to strengthen the biosolutions sector by supporting new innovations and technologies.

About Innobooster

Innobooster is aimed at small and medium-sized companies and entrepreneurs who need financial support to realize innovative projects. The purpose of the program is to help companies convert good ideas into new products or services that can create growth and jobs in Denmark. At the same time, the solution must be able to contribute to solving society-related challenges.

SNL Biosolutions has developed an innovative technology platform that can produce fermentation-based oils at scale and prevent deforestation. The technology can be used to produce a wide range of products spanning from food ingredients, cosmetics, fragrance, home care to sustainable aviation fuel.

For more information please contact : info@snlbiosolutions.com