# Agrain

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agrain

- Industry: Food
- Headquarters: Copenhagen, Denmark
- Website: www.agrainproducts.com
- Total disclosed funding: $1.3M
- Latest round: Seed (May 16, 2023)
- Investors on record: 4

## About

Based in Copenhagen, Denmark, and founded in 2018 by CEO Aviaja Riemann-Andersen, Emil Krøll, and Karin Beukel, Circular Food Technology ApS, d.b.a. Agrain is a food manufacturing company that upcycles brewer's spent grain from beer and whisky production to food. In May 2023, Agrain raised USD 1.31 million in seed funding from Collateral Good Ventures, Danish Export and Investment Fund, North-East Venture, and Planetary Impact Ventures. The round was part of a larger USD 3.83 million seed funding.

Agrain® Spent Beer Grain Flour, the company's flagship product, contains 20g of protein and 50g of dietary fiber per 100g. The company also offers Spent beer grain flour, granola, crisps, crackers, and baking mixes which are produced by obtaining grains from breweries and distilleries after the extraction of sugars for beer and whisky production. Agrain collaborates with Danish organic microbreweries to collect their surplus brewer's spent grain, giving it a new purpose and preventing it from going to waste.

## Funding rounds

- Seed, May 16, 2023, $1.3M — North-East Venture, Collateral Good, Export and Investment Fund of Denmark, Planetary Impact Ventures

## Investors

- North-East Venture (https://capitalatlas.ai/funds/north-east-venture) — Seed
- Collateral Good (https://capitalatlas.ai/funds/collateral-good) — Seed
- Export and Investment Fund of Denmark (https://capitalatlas.ai/funds/export-and-investment-fund-of-denmark) — Seed
- Planetary Impact Ventures (https://capitalatlas.ai/funds/planetary-impact-ventures) — Seed