Agronomics Limited ( (GB:ANIC) ) just unveiled an update.
Agronomics Limited announced that its portfolio company, Solar Foods, has secured a €10 million grant from Business Finland to support the commissioning of a new commercial-scale production facility, Factory 02. This funding is part of Solar Foods’ growth strategy to expand its production capabilities and commercialize its Solein® protein, which is produced using carbon dioxide and electricity, offering a sustainable alternative to traditional agriculture. The new facility is expected to significantly increase production capacity and reduce costs, further positioning Solar Foods as a leader in the clean food industry.
More about Agronomics Limited
Agronomics Limited is a London-listed company focusing on investment opportunities within the clean food sector. The company has a portfolio of over 20 companies and invests in technologies that offer sustainable food production solutions, aiming to improve human health, animal welfare, and environmental sustainability.
YTD Price Performance: 111.34%
Average Trading Volume: 4,679,150
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £82.77M
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