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SUNT secures €1.1 mln fund to save discarded bananas in European ports

SUNT is an Amsterdam-based startup that makes food products from discarded bananas. This week it announced that it has secured €1.1 mln in funding from Brave New Food (BNF) Investments, DOEN Participaties and the Rabobank.

This funding will enable SUNT to set up a banana factory to save millions of discarded bananas in European ports. The company also aims to become a supplier of this high-quality raw material, striving to achieve international growth.

SUNT was founded by Laura Hoogland in 2019. Its products currently use bananas, rejected in Ecuador. Of the 100 billion tons of bananas cultivated, around 50 billion kilos are wasted worldwide throughout the chain because they don’t meet cosmetic standards. From Q2, 2022, SUNT’s banana factory will primarily focus on rescuing bananas in European ports. In the Benelux ports alone, about 20M kilos of bananas are thrown away every year. In addition, they are currently being destroyed at great cost.

The company decided to make a new breakfast and snack from these bananas – Banana bread. As per the company, it is gluten-free, lactose-free and without added sugars. The company’s banana bread is available at Albert Heijn, Picnic, COOP & Gorillas, among others.

Source: siliconcanals.com


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