ÄIO – Food Innovation Award Winner at the Baltic Sustainability Awards 2024
We are thrilled to announce that ÄIO (äio tech OÜ) has been honored with the Food Innovation Award at the Baltic Sustainability Awards 2024! This prestigious recognition highlights our commitment to creating sustainable, science-driven alternatives that transform the way industries approach fats and oils in food production.
Double Recognition: 2C Ventures Wins Investment of the Year
We are also proud to share that one of ÄIO’s investors, 2C Ventures, received the award for Investment of the Year at the Baltic Sustainability Awards. Their winning investment? ÄIO! This dual recognition underscores the power of collaboration between visionary investors and innovative startups in driving sustainable change.
A huge thank you to 2C Ventures for believing in ÄIO’s potential to revolutionize the food and biotechnology industries. Your support has been instrumental in bringing our groundbreaking microbial oil technology to life.
One of ÄIO’s investor 2C Ventures on the stage – investment of the year award!
Pioneering Sustainable Food Solutions
The Baltic Sustainability Awards celebrate companies and initiatives making impactful contributions to sustainability across the Baltic region. Winning in the Food Innovation category underscores our efforts to revolutionize the food industry with our microbial oil technology. By producing natural, sustainable alternatives to palm and coconut oils, animal fats, and cocoa butter, ÄIO is paving the way for greener, more ethical food systems.
Why This Matters
Global reliance on traditional fats, such as palm oil, has had devastating consequences for biodiversity, ecosystems, and local communities. Our microbial fermentation process redefines fat production by:
- Utilizing industrial side streams and other renewable resources.
- Eliminating the need for deforestation and habitat destruction.
- Supporting a circular economy by turning waste into valuable products.
This approach is not only sustainable but also scalable for industries ranging from food to cosmetics and oleochemicals.
ÄIO’s Food Innovations Award!
Celebrating Innovation Across the Baltic Region
The Baltic Sustainability Awards provide a platform to showcase the most forward-thinking projects in the region. Competing among innovative companies from Latvia, Lithuania, and Estonia, ÄIO’s win highlights the increasing importance of bio-based solutions in tackling climate change and promoting a sustainable future.
A Shared Victory
These awards are a testament to the dedication of our team, the vision of our collaborators, and the growing demand for sustainable solutions across industries. We are immensely proud to be recognized alongside other trailblazers in sustainability.
What’s Next for ÄIO?
Winning the Food Innovation Award and being the focus of 2C Ventures’ Investment of the Year is just the beginning. We are expanding partnerships with food producers, scaling production capabilities, and continuously innovating to ensure that sustainable fats become the industry standard. Our mission remains clear: to make sustainability the norm, not the exception.
Gratitude to All Our Current Investors
In addition to 2C Ventures, we would like to extend our heartfelt thanks to all of our investors who have supported our journey:
- SmartCap, for your early belief in our vision and strategic support.
- Voima Ventures, for providing expertise and resources to accelerate our growth.
- Nordic Foodtech VC, for championing innovation in the food industry and supporting our mission.
Together, your support has been vital in helping ÄIO develop sustainable solutions that challenge the status quo and set new industry standards.
Stay tuned for more updates as ÄIO continues to make waves in the world of sustainable innovation!
To learn more about the Baltic Sustainability Awards 2024!