The deal positions Alimenta for medium- to long-term growth alongside its existing management team.
The plant will focus on processing popular South Indian rice varieties such as Sona Masoori and Kolam, with commercial production expected to begin in February 2026.
The latest funding includes participation from Unigrains Italia, BNP Paribas BNL Equity Investments, Hydra, and Alexa Invest.
This expansion underscores BakeLand Egypt’s commitment to innovation, sustainability, and meeting the growing demand for high-quality bakery solutions.
This development underscores Europe’s push toward precision fermentation for food security and climate resilience, as Fermotein® offers 50% protein, 20% fiber, and a lower environmental impact than soy or pea isolates.