German startup lands €800K from local authority for hemp protein value chain

Signature Products has landed a funding commitment of approx. €800K in funding from the state of Baden-Württemberg in Germany for the development of a regional hemp protein value chain.

Founded in 2019, Signature Products is one of the largest ‘Made-in-Germany’ hemp suppliers in Europe, focusing on the complete value chain in the field of hemp. Among other things, Signature offers the trade of hemp raw materials such as hemp seeds, hemp protein, extracts and the extraction of cannabinoids. It has already launched over 40 private label customers in Germany and is currently expanding to Spain, France and other EU countries with the service it offers. Additionally, its own brand BUDDY serves as a market research brand to better understand the customers and their needs. The 20-member team has employees in Germany and abroad but focuses completely on the production of ‘Made-in-Germany’ products. 

According to Florian Pichlmaier, Managing Director of Signature Products, the idea behind the project is that the growing world population, urbanization and rising income levels are leading to an increasing global demand for meat and animal foods. However, current dietary habits are considered unhealthy and production patterns unsustainable. A global change in diet with an increase in the intake of plant foods instead of animal foods is described by Florian Pichlmaier as key to improving human as well as planetary health. 

Read more at eu-startups.com


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