Project Facts
Location
Austria
Herzogenburg
Project Volume
10-25 Mio. EUR
Applied Financing Solutions
Grants, Private Equity, Blended Finance, Guarantees, Public Revenues
Project Dates
Start: 2019
The Story
Kern Tec has developed technologies and a unique supply chain to turn currently unused stone fruit pits from apricot, cherry and plum. At this point large fruit processing companies have no use for their fruit pits and discard them. The seeds, however, have a huge potential as they contain healthy fats and proteins and are very similar to nuts. Due to the upcycling they have a much smaller footprint than any other food ingredient and offer a great opportunity for new, sustainable dairy alternatives.
Success Factor | Hero Moment
Cyanide is non edible substance which is contained in many fruit seeds. Developing a prototype of the technology for extracting cyanide was Kern Tec's hero moment.
Submitter
Kern Tec, Austria
Contact Mail
office@kern-tec.com
Website
www.kern-tec.com