Paleo was founded in 2020 and is headquartered in Brussels. The company uses precision fermentation to produce heme proteins, the molecules responsible for the meat-like flavor and color in animal products, without the use of GMO organisms. These proteins are sold as ingredients to plant-based meat producers who want to improve the taste and appearance of their products.
The company raised a EUR 12M Series A. Paleo's GMO-free positioning addresses a key commercial barrier in European markets where consumer and regulatory sensitivity to GMOs is high, distinguishing it from some US-based precision fermentation competitors.