International sustainable food investor, Blue Horizon Ventures has joined Moira Capital Partners on a healthy fats project with Cubiq Foods, completing the financing round amid the Covid-19 crisis.
The two investors have made a contribution of 5 million Euros (USD 5.4M, GBP 4.4M).
Blue Horizon Ventures specialises in the sustainable food sector, focused on food technology that promotes a positive global impact on the environment, human health and animal rights. BHV considers the investment will allow production of Cubiq Foods omega-3 healthy fats to accelerate. The fats are based on cellular systems and the industrial development of healthier and novel fat replacers.
Cubiq Foods is the first cultivated fat cell platform to produce high-quality omega-3’s. Dr. Raquel Revilla and the entrepreneurs Andrés Montefeltro and Jordi Bladé started the Barcelona-based company in 2018.
Two new Cubiq Foods products will be commercially available to domestic and international markets later this year.
Cubiq Foods vegan Smart Fat is claimed to be a sustainable emulsion, with 100 per cent natural ingredients. The function of Smart Fat is to replace animal fats in processed meat products, dairy derivatives and saturated vegetable fats (such as coconut oil) in vegan food products.
Cubiq Foods micro03 is a new-generation of microencapsulated omega-3 for ‘functional foods’ with high omega-3 content. Multilayer microencapsulation is designed to protect the highly concentrated essential oils, maintaining their properties without any of the fish flavours. The company says this can help food manufacturers to deliver doctor recommended daily amounts of omega-3 into new, affordable products to support optimal health, particularly cardiovascular and the central nervous system.
Andrés Montefeltro, CEO and co-founder of Cubiq Foods said: “Sustainable omega-3 and vegan healthier fats inspire our team and partners. We are ready to deliver a new generation of nutritious, healthy and accessible products at industrial scale by the end of this year.”