FundedIQ
Biotechnology

Solar Foods: Funding, Investors & Team (Sep 2026)

Solar Foods is a food-tech startup that focuses on utilizing a technology that involves using electricity to generate hydrogen. This hydrogen is then mixed with carbon dioxide, water, vitamins, and minerals to produce microbial biomass, which can be consumed as protein. The company creates a protein called Solein, which serves as a sustainable alternative to animal-based proteins. Solein is made by extracting elements such as CO2, water, and nitrogen from the air and using electricity. The protein is cultivated through gas fermentation, extracting edible calories from microbes that oxidize hydrogen.

solarfoods.com LinkedIn Helsinki, Finland 11-50 employees
Total raised
$62.9M
Rounds
3
Latest
Undisclosed round
Jun 2026

Solar Foods has raised $62.9M across 3 funding rounds on record, the most recent an undisclosed round of $45.6M announced in Jun 2026.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Solar Foods Company Profile and Key Stats

Total funding raised
$62.9M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$45.6M in Jun 2026
Employees
11-50
reported band
Headquarters
Helsinki, Finland

Latest funding round on record: Jun 2026.

Solar Foods Funding Rounds

Date
Round
Amount
Undisclosed round
$45.6M
Series B
$8.6M
Series B
$8.7M

Solar Foods raised $8.7M in a Series B announced in Nov 2023.

5 months later, a Series B of $8.6M was announced in Apr 2024.

2.2 years later, an undisclosed round of $45.6M was announced in Jun 2026.

Solar Foods Founders and Leadership Team

Name
Role
Contact
Juha Pekka Pitkanen
Founder
Locked
Rami Jokela
Founder
Locked
Alaa Salih Hamadto
CEO

Contact details for the Solar Foods team: 2 of 3 have an email address on file.

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Solar Foods Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
368
$5.2M

Solar Foods' latest round of $45.6M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Solar Foods in Biotechnology and Helsinki

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Solar Foods Funding FAQs

What does Solar Foods do?

Solar Foods is a food-tech startup that focuses on utilizing a technology that involves using electricity to generate hydrogen. This hydrogen is then mixed with carbon dioxide, water, vitamins, and minerals to produce microbial biomass, which can be consumed as protein. The company creates a protein called Solein, which serves as a sustainable alternative to animal-based proteins. Solein is made by extracting elements such as CO2, water, and nitrogen from the air and using electricity. The protein is cultivated through gas fermentation, extracting edible calories from microbes that oxidize hydrogen.

How much funding has Solar Foods raised?

Solar Foods has raised $62.9M across 3 rounds on record. The most recent is an undisclosed round of $45.6M announced in Jun 2026.

When did Solar Foods last raise funding?

Solar Foods' most recent funding round on record is an undisclosed round of $45.6M, announced in Jun 2026.

Who founded Solar Foods?

FundedIQ lists Juha Pekka Pitkanen (Founder), Rami Jokela (Founder) at Solar Foods.

Who is the CEO of Solar Foods?

Alaa Salih Hamadto is listed as CEO at Solar Foods.

Where is Solar Foods headquartered?

Solar Foods is based in Helsinki, Southern Finland, Finland.

How many employees does Solar Foods have?

Solar Foods is in the 11-50 employee band.

How does Solar Foods' funding compare to other Biotechnology startups?

Solar Foods' latest round of $45.6M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Solar Foods Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Solar Foods is left off this page rather than filled in.

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