# Fung'It

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fung-it

- Industry: Food
- Headquarters: Dijon, France
- Website: www.funguit.fr/
- Total disclosed funding: $4.6M
- Latest round: Seed (Jun 7, 2025)
- Investors on record: 3

## About

Fung'It, based in France, specializes in natural fermented solutions that enhance flavors in both plant-based and animal-based products, focusing on clean-label formulations for health-conscious consumers.Founded in 2022 in Dijon, France, Fung'It develops innovative flavor-enhancing ingredients from natural fermentation processes. The company has secured 1 deal, raising EUR 4.00 mn in its most recent funding round on June 17, 2025, led by Asterion Ventures, with additional participation from Evolem and UI Investissement. The founder's previous history is not provided, and there are no mentions of subsidiaries or pivots in strategy.Fung'It specializes in 100% natural fermented aromatic solutions designed to enhance the flavor profiles of various formulations. Their offerings include ingredients derived from the fermentation of agricultural co-products, utilizing mushrooms and microorganisms. These products address challenges in maintaining rich, stable, and clean-label flavors, while also reducing salt content. Fung'It targets food manufacturers, particularly those focused on protein alternatives, and has established partnerships with clients such as Cocoriton to penetrate food service and retail sectors across Europe and potentially beyond.Fung'It's revenue model is primarily based on B2B transactions, focusing on partnerships with food manufacturers and ingredient distributors. Clients can sample products through a tasting process, which leads to customized formulations developed in collaboration with R&D teams. Revenue is generated once these solutions are integrated into client production processes, allowing for tailored offerings and fostering long-term relationships, potentially involving subscription or volume pricing models. The company's innovative solutions position it within the competitive food technology sector.In June 2025, Fung'It raised EUR 4.00 mn in venture funding to accelerate the production of its fermented products. The company aims to launch new products designed to expand its offerings within the next year, while actively targeting expansion into international markets beyond Europe. The recent funding will support these initiatives, enabling Fung'It to enhance its product line and scale operations to meet growing demand.

## Funding rounds

- Seed, Jun 7, 2025, $4.6M — UI Investissement, Evolem, Asterion Ventures

## Investors

- UI Investissement (https://capitalatlas.ai/funds/ui-investissement) — Seed
- Evolem — Seed
- Asterion Ventures (https://capitalatlas.ai/funds/asterion-ventures) — Seed