Spirulina ingredient company Edonia secures €15 million and begins sales in Japan

French company Edonia announced on 6 October 2026 that it had secured total funding of €15 million. The funding combines investments from SWEN Blue Ocean 2, Asterion Ventures and EIT Food with a grant from Bpifrance and bank financing, and will be used to strengthen production facilities and expand sales in overseas markets. The company also plans to formally proceed with launching sales in Japan.

Edonia processes the microalga spirulina to provide “Edo,” a protein ingredient for food manufacturers and foodservice operators. In addition to its conventional powdered form, the company aims to develop it as a granular ingredient that can be added directly to dishes, with a view to promoting it as a foodservice ingredient. Initial supplies will go to major catering company Newrest and Aliive, which handles prepared foods. Advance orders are reportedly worth around €30 million, but this amount has not been recognized as sales.

In Japan, the company is establishing a sales contact point and strengthening support for its partners, while introducing examples of its use in gyoza and curry. No Japanese corporate investors or specific customer names have been disclosed, but the company is developing distribution channels through which food developers in Japan can consider prototyping and adoption.

Edonia’s core technology, called Edonization, is a processing method that uses spirulina and oil to precisely control heating conditions. It converts the green raw material into a brown granular ingredient to bring out umami. Developed jointly with AgroParisTech, the product contains only spirulina and sunflower oil as listed ingredients, and is designed to improve palatability through processing conditions without relying on flavors or additives. It is supplied frozen and used in applications including minced-meat alternatives and protein supplementation.